VA Loans

VA mortgages in Arizona are labeled as the best mortgage option for eligible veteran or active duty military personnel looking to buy a home.


The Arizona VA loan is a type of mortgage that is guaranteed by the U.S. Department of Veterans Affairs (VA) and offers long-term financing to eligible veterans in all parts of the country where private financing isn’t necessarily available. The VA loan Arizona mortgage was originally created to aid eligible returning service members, surviving spouses, veterans, and their families in finding housing in 1944. Arizona Veteran Affairs locate and label specific areas as housing credit shortage areas. These regions are typically rural areas such as small cities and towns on the outskirts of large cities. Sometimes considered as the most flexible and prominent lending option available on the market today, the Arizona VA loan guarantees part of the loan while enabling the lender to offer more favorable terms. Being offered by private lenders, such as banks and Arizona Mortgage Companies, this loan pertains to purchasing, building, repairing, retaining, or adapting a home to fit your specific needs if you are a qualifying borrower. Price Mortgage is a certified lender for the Arizona VA home loan. The most significant factor regarding Arizona VA Loans is the borrower’s ability to buy a home without placing any money down. With other loans, you are required to pay for private mortgage insurance if you don’t put at least 20% down. The only other programs remotely resembling this type of option are Fannie Mae’s Home Path option and the USDA’s Rural Development Home Loan. How Much Can I Borrow? It doesn’t get much better than 100% financing. Not only does this offer an easier path to homeownership, it also benefits you throughout. When compared to conventional rates, the Veteran Affairs mortgage possesses competitive interest rates that are typically lower, along with less stringent underwriting requirements. As a qualified borrower, you will receive no repayment penalties and sellers are able to pay up to 6% of your closing costs. When applying, consider your length of service as well as your duty status in order to realistically determine your qualifications. Don’t worry so much about your credit score, as roughly 80% of applicants that qualify aren’t even eligible for a conventional loan. You’re also able to possess a higher debt-to-income ratio as underwriters focus on your service description. Keep in mind that you are still required to provide a sufficient income as well as a valid Certificate of Eligibility.


  • Veteran or active duty military personnel


  • Zero down payment options
  • Easier to qualify for than a conventional conforming loan
  • Seller can pay 100% of closing costs
  • There is no mortgage insurance requirement with the VA Loan
Have a Question About VA Loans? Contact Me Today!
Ryan & Jessica Ehler Loan Officer

Ryan & Jessica Ehler