VA Loans

Zero down. No mortgage insurance. Built for veterans and

active-duty service members.

At ASJ Mortgage Solutions, LLC, we are proud to serve those who have served our country. VA Home Loans are a powerful mortgage option backed by the U.S. Department of Veterans Affairs, designed to make buying, building, or refinancing a home more affordable for eligible service members, veterans, and surviving spouses.

Whether you’re purchasing your first home or refinancing your current mortgage, our team will guide you through the process with clarity, efficiency, and respect for your service.

What Is a VA Home Loan?

VA home loans are guaranteed by the VA, giving lenders confidence to offer competitive terms, no required down payment, and no private mortgage insurance (PMI). Since 1944, more than 24 million VA loans have helped service members and veterans achieve the dream of homeownership. VA loans are available for

  • Buying a primary residence

  • Building a home

  • Refinancing an existing mortgage

  • Making approved home improvements

Who Can Qualify for a VA Loan?

You may be eligible if you meet at least one of these service requirements

  • 90+ days of active service during wartime

  • 181+ days of active service during peacetime

  • 6+ years in the National Guard or Selected Reserve

  • Surviving spouse of a service member who died in service or from a service-connected disability (eligibility rules apply)

Other qualifications

  • Meet lender credit and income guidelines

  • Property must meet VA safety standards and be your primary residence

  • Obtain a VA Certificate of Eligibility (COE)

Types of VA Loans We Offer

  • VA Purchase Loan – Buy a primary residence with no down payment

  • VA Cash-Out Refinance – Tap into your home’s equity for improvements, debt payoff, or other needs

  • VA IRRRL (Streamline Refinance) – Replace an existing VA loan with a lower-rate or fixed-term loan

  • VA Renovation Loan – Buy or refinance a home and roll renovation costs into your loan

  • VA Supplemental Loan – Finance home improvements on top of an existing VA mortgage

Key Benefits of a VA Loan

  • DTI Ratio – No Down Payment – Buy without a large upfront cost

  • No PMI – Save monthly compared to conventional loans

    Competitive Interest Rates – Often lower than FHA or conventional loans

  • Limited Closing Costs – VA caps lender fees and restricts certain charges

  • Flexible Credit Guidelines – No official minimum score required by VA (lender standards apply)

  • Reusable Benefit – Use your VA entitlement multiple times

  • Foreclosure & Bankruptcy Recovery – Possible eligibility after waiting periods

  • No Prepayment Penalty – Pay off your mortgage early without extra fees

  • VA Assistance – Help available for borrowers facing financial hardship

Considerations to Keep in Mind

  • Funding Fee – A one-time fee (1.25%–3.3% of the loan amount) applies unless you are exempt; it can be rolled into the loan

  • Primary Residence Only – Cannot be used for vacation homes or investment properties

Our Process for VA Home Loans

  • Funding Fee – Confirm Eligibility – We’ll help you obtain your VA Certificate of Eligibility (COE)

  • Pre-Qualification – Understand how much you can borrow

  • Find Your Home or Refinance Option – We guide you through available properties or loan structures

  • VA Appraisal & Approval – Ensure the home meets VA standards and finalize loan terms

  • Closing & Move-In – Enjoy your new home with the benefits you’ve earned

FAQs

Can I get another VA loan if I’ve had one before?

Yes. As long as prior loans are paid off (or certain conditions are met), your eligibility can be restored.

Are children of veterans eligible?

No. Only eligible service members, veterans, and qualifying spouses may use VA loan benefits.

What is the maximum VA loan amount?

The VA does not set a maximum; your loan amount depends on the property value and lender guidelines.

Get Started Today

Whether you’re buying, renovating, or refinancing, we’ll help you secure the right

loan for your needs—quickly and confidently.

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Information is subject to change and does not constitute a loan approval or commitment to lend. Applications subject to credit and underwriting review. Not for use in NY.


All Rights Reserved. ASJ Mortgage Solutions, LLC | Privacy Policy | Terms & Conditions - NMLS Consumer Access / Legal Disclaimer - This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Other limitations may apply. This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site. 

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