VA Purchase

No Down Payment Required

VA Loans are one of the very few loan programs that allow you to borrower 100% of the home’s purchase price. 

No Mortgage Insurance Required

Without at least a 20% down payment, all other home loan programs require the borrower to pay mortgage insurance. 

50StatesLending  partners remove many barriers to home ownership and allow eligible servicemembers and veterans to buy a home more easily with low credit scores.

You've earned the benefit of saving with a VA loan.

The VA loan is simply the best way to buy a home.

If you qualify the VA loan is an amazing mortgage only available to current and former US armed forces service members who meet eligibility requirements.

You get a great interest rate.
No down payment is required.
No mortgage insurance is required.
Manual underwritng for low credit veterans.
More lenient credit guidelines are available to you.


Helping veterans qualify for VA loans even with less-than-perfect credit is our mission. Unlike local credit unions, bank and some local lenders who requires a 620 FICO score. Our network of banks and lenders only look for a 560 to 620 FICO score to qualify for the Veteran Home Loan Program.

Not sure where to start?
Do you need a VA loan for bad credit scores?
Do you want fast approval and minimal red tape?
Not sure where your credit score is leading you.


VA loan Features & Benefits


  • Fixed rate monthly payments are based on interest rate, principal loan amount and amortized interest over 15, 20 or 30 years. Your payment will not change throughout the life of the loan

  • Jumbo VA loans available up to $1,094,625 ($1,500,000 in Alaska and Hawaii) and up to $325,000 cash-out on a refinance

  • No monthly PMI (Private Mortgage Insurance)

  • VA loans are governed by the U.S. Department of Veterans Affairs

  • ​Pay your mortgage at any time without prepayment penalties

  • PMI, or private mortgage insurance, is not required on a VA loan. PMI is an added monthly expense required for conventional loans where the borrower finances more than 80% of the home's value.

  • ​Interest rates are also lower with a VA Loan, typically 0.5%-1.0% lower than a conventional loan. A lower rate combined with monthly PMI savings can substantially lower your monthly payment.







If you are fit the qualifications above then the VA loan may indeed be your best option for a loan. There is, of course, a lot of other information you will need to make a truly educated decision as to which loan type is right for you.


Qualified mortgage professionals are standing by to help guide you through this often confusing and intimidating task.


Call us today at  click here to contact a 50StatesLending loan expert right away.