Stone Bank VA Home Loans in Arkansas - Stone Bank
VA Loans from Stone Bank

Stone Bank VA Home Loans in Arkansas

Mortgages for veterans from a preferred government-guaranteed lender.

VA mortgages are home loans that are backed by the Department of Veterans Affairs (VA) and designed to help veterans, active-duty service members, and their families in Arkansas and the rest of the country become homeowners. These loans offer several advantages, including lower interest rates and more flexible credit requirements, making it easier for those who have served in the military to buy a home.

A primary benefit of VA mortgages is that they typically require no down payment. This means that eligible borrowers can purchase a home without having to save up a large sum of money for a down payment, which can be especially helpful for first-time homebuyers. VA loans also do not require private mortgage insurance (PMI), which can save you a significant amount of money over the life of the loan.

Another advantage of VA mortgages is that they have more flexible credit requirements than traditional mortgages. This means that veterans and active-duty service members with less-than-perfect credit may still be able to qualify for a VA loan, which can be a lifeline for those who have experienced financial hardship during or after their military service.

To qualify for a VA mortgage, borrowers must meet certain eligibility requirements, including serving a minimum period of time in the military and obtaining a Certificate of Eligibility (COE) from the VA. Borrowers can obtain a COE through their lender or by applying directly to the VA.

VA mortgages from Stone Bank Home Loans help veterans, active-duty service members, and their families become homeowners. If you’re thinking of buying a home in Little Rock, consult one of Stone Bank’s expert home loan lenders today to see if you qualify for a VA home loan and make the dream of homeownership a reality.