Veterans are able to receive home loans backed by the government at a lower rate than the general public. As conventional loan rates begin to creep back up, VA loans get even better. Here are the top four benefits of a VA loan.

Payments Are Lower
No mortgage insurance and lower interest rates than conventional loans means lower overall payments. There is only a small funding fee that usually gets financed into the loan. Veterans with disabilities don’t have to pay the funding fee at all.

Download the Griffin Gold app today!

Take charge of your financial wellness and achieve your homeownership goals

Use invitation code: GRIFGOLD to register.


No Down Payment Required
The most defining benefit of a VA loan is that qualified buyers do not have to pay a down payment. This can save 1,000’s of dollars seeing as the average person puts about 20% down when they purchase a home. Making VA home loans great for first time buyers.

Relaxed Credit Standards and Flexible Requirements
Since VA loans were created to help get Veterans in to homes that otherwise wouldn’t be able to, they are a bit more lenient. The VA tends to be more forgiving when it comes to a borrower’s credit score or how soon a veteran can purchase after experiencing a bankruptcy, foreclosure or short sale.

Limits on Fees
The VA puts limits on what expenses the borrowers are allowed to pay, such as termite or pest inspections and closing costs.

Find the best loan for you. Reach out today!

Get Started

Bill Lyons is the Founder, CEO & President of Griffin Funding. Founded in 2013, Griffin Funding is a national boutique mortgage lender focusing on delivering 5-star service to its clients. Mr. Lyons has 25 years of experience in the mortgage business. Lyons is seen as an industry leader and expert in real estate finance. Lyons has been featured in Forbes, Inc., Wall Street Journal, HousingWire, and more. As a member of the Mortgage Bankers Association, Lyons is able to keep up with important changes in the industry to deliver the most value to Griffin's clients. Under Lyons' leadership, Griffin Funding has made the Inc. 5000 fastest-growing companies list five times in its 12 years in business. Follow his updates on LinkedIn.