VA Home Loans

The VA Loan provides veterans with a federally guaranteed home loan which requires no down payment. This program was designed to provide housing and assistance for veterans and their families.

The Veterans Administration provides insurance to lenders in the case that you default on a loan. Because the mortgage is guaranteed, lenders will offer a lower interest rate and terms than a conventional home loan. VA home loans are available in all 50 states. A VA loan may also have reduced closing costs and no prepayment penalties.

Additionally, there are services that may be offered to veterans in danger of defaulting on their loans. VA home loans are available to military personnel that has either served 181 days during peacetime, 90 days during the war, or a spouse of serviceman either killed or missing in action.


VA Eligibility- Are you eligible?

Military personnel, veterans, and military families qualify for VA loans.


  • Veterans
  • Some surviving spouses
  • National Guard members
  • Reserve Members
  • Active Duty Personnel

Suitable credit, a valid Certificate of Eligibility, appropriate income is required.

The home must be occupied by the borrower. The Department of Veteran Affairs provides a list of eligibility.

Need help with acquiring a COE (Certificate of Eligibility)? Pine Creek Financial Group can help you to acquire your certificate today!

No obligation - call us (719) 599-8001 Office or Email: and we can assist you.


VA Home Loan Benefits

VA Home Loans do not require private mortgage insurance, resulting in nice savings for military personnel, veterans, and their families.

The list of benefits, provided by the Department of Veteran Affairs here:

Purchase Loans help you purchase a home at a competitive interest rate often without requiring a down payment or private mortgage insurance. Cash Out Refinance loans allow you to take cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements. Learn More

Interest Rate Reduction Refinance Loan (IRRRL): also called the Streamline Refinance Loan can help you obtain a lower interest rate by refinancing your existing VA loan. Learn More

Native American Direct Loan (NADL) Program helps eligible Native American Veterans finance the purchase, construction, or improvement of homes on Federal Trust Land, or reduce the interest rate on a VA loan. Learn More

Adapted Housing Grants: help Veterans with a permanent and total service-connected disability purchase or build an adapted home or to modify an existing home to account for their disability. Learn More

Other Resources: many states offer resources to Veterans, including property tax reductions to certain Veterans. Learn More