VA Home Loans

Our Veterans Affairs (VA) home loans feature competitive rates and limited fees for qualified individuals and families. Let us turn your home buying dreams into reality. Apply Now Book Appointment

No Down Payment Required*

VA home Loans offer the advantage of starting your homeownership journey with zero down payment.

No Private Mortgage Insurance Required

With VA loans, you don't have to worry about paying extra for private mortgage insurance.

Seller Contribution of Up To 4%

Let the seller pitch in! VA loans allow sellers to contribute up to 4% to cover your closing costs.

Refinance Options Available

Lower monthly payments, or leverage your home equity with VA loan refinancing options.

Check out our great VA loan rates

Loan TypeRate*PointsAPR**Example LoanMonthly Payment***effective date
VA 30-Year Fixed Purchase6.875%0.250%7.026%$300,000$1,970.794/15/2024
VA 15-Year Fixed Purchase6.500%0.000%6.701%$300,000$1,896.204/15/2024
VA 30-Year Fixed Refinance6.875%0.250%7.026%$300,000$1,970.794/15/2024
VA 15-Year Fixed Refinance6.500%0.000%6.701%$300,000$1,896.204/15/2024

† The information provided on this page is for comparative purposes only. Rates and terms may change at any time and without prior notice. Your actual rate, payment, terms, and costs could be different. Get an official Loan Estimate before choosing a loan. Your rate, fees, and terms may differ based on when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, loan to value ratio, etc. All home lending products, including mortgage, home equity loans and home equity lines of credit, are subject to credit and collateral approval.

*Rates are for owner occupied 1–4-unit purchase or refinance transactions.

**The Annual Percentage Rate (APR) is the cost of credit expressed as a yearly rate. The APR takes into account closing costs and fees. Interest rates, APRs, and points shown are subject to change without notice.

***Payment examples are principal and interest only and do not include amounts for taxes and insurance premiums. Actual payment may vary based on your specific situation.

VA Mortgage Loan Calculator

How much home can you afford? Use this calculator to determine the home price and monthly housing cost you can afford.

Military man talking to bank advisor
VA Purchase Loan

Homeownership for Our Heroes

As a veteran, you have earned the right to take advantage of the many benefits that come with a VA home loan. Our team of experts is dedicated to helping you navigate the complex world of VA loans and find the best options for your unique situation.

• Reduced or No Down Payment Options May Be Available*
• Competitive Rates
• Owner Occupied 1-4 unit Properties
• No Private Mortgage Insurance

To qualify, you need to have a Certificate of Eligibility (COE). Determine your eligibility at Eligibility Requirements for VA Home Loan Programs

Military mom playing with her kids
VA Refinance Loan

Refinance with Confidence

If you already have a mortgage, a VA fixed rate refinance loan could help you lower your monthly payments, reduce your interest rate, or even access cash from your home's equity. We understand that refinancing your home can be a daunting task, which is why we are committed to providing you with personalized service and guidance every step of the way.

• Flexible Selections to Meet Your Borrowing Needs
• Access Your Equity with Cash Out Options
• Interest Rate Reduction Refinance Loan Program (IRRRL)

VA Loan Frequently Asked Questions


What is a VA loan?

A VA loan, which stands for Veteran Affairs loan, is a type of veteran home loan designed specifically to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry). This program is aimed at helping veterans secure home loans for veterans with potentially better terms than what might be available through traditional financing options.

What are some VA loan benefits?

The VA loan program is a benefit of military service, offering assistance in purchasing a home with reduced or no down payment options*, no private mortgage insurance, and competitive interest rates. This initiative helps veterans and their families achieve the dream of homeownership, acknowledging their service and sacrifice for the country. It is a key resource for mortgage loans for veterans, including those looking for VA loans in Washington.

Who qualifies for a VA loan?

To qualify for a VA home loan, you must meet certain eligibility requirements related to your service history and duty status. Spouses of deceased Veterans may also be eligible for this benefit.

You may be eligible for a VA loan if:

  • You’ve served at least 90 consecutive days during wartime, or at least 181 days in active service during peacetime, or six years.
  • You’re a member of the National Guard with at least 90 days of active service including at least 30 consecutive days under Title 32, Sections 316, 502, 503, 504 or 505.

Please refer to Eligibility Requirements For VA Home Loan Programs | Veterans Affairs for the most current information.

How do I apply for a VA loan?

A good first step is to begin the process is to contact a mortgage loan officer.

I’ve obtained a VA loan in the past; can I use my VA benefit again?

Yes, contact a WECU VA loan specialist to understand what entitlement options you may have.

What is the minimum credit score requirement for a VA loan?

VA does not set minimum credit score requirements. WECU’s goal is to assist our heroes on their path to homeownership and recommend that you contact a WECU VA loan specialist to schedule a consultation.

Do I need a Certificate of Eligibility (COE) before I start the application process?

No, WECU can partner with you to secure your Certificate of Eligibility (COE), which is an official VA document that confirms your eligibility. If you are concerned about your entitlement amount or prefer having the peace of mind prior to starting your application, you may obtain a copy of your COE from the benefits portal.

WECU Proudly Supports Military Veterans

In choosing WECU for your VA loan, you'll partner with a knowledgeable and dependable mortgage advisor who understands the nuances of VA financing, accompanying you through every stage of the process. Call 360-756-7799 to chat with us today!

*No downpayment is required by VA unless the purchase price exceeds the reasonable value of the property, or the loan is a Graduated Payment Mortgage (GPM). The lender may require a downpayment if necessary to meet secondary market requirements.

NMLS ID 401041
WECU real estate products are available only for properties located within Washington State.

There may be additional loan options (not available online) for your specific loan type, including USDA, depending on loan amount, occupancy, number of units, loan to value and purpose. Please call us at 800-525-8703 x7390 to discuss additional options or click Team page to make an appointment with a Mortgage Advisor.

We are excited to help you on your home ownership journey!

The first step is to create an account for your customized Real Estate experience.

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