Veterans Administration (VA) Mortgage
VA mortgages are for active duty U.S. Military, veterans and reserves.
Members who qualify will benefit from reduced rates, lower fees and no down payment requirement. Rate reductions are also available for mortgage refinances.
Benefits of a USU Credit Union VA Mortgage
- Reduced fixed rates
- Up to 100% financing
- No monthly mortgage insurance requirement
- Gifts and seller contributions accepted toward closing costs
- Insured by the VA
- Zero down financing options
- Fixed and adjustable rate mortgage options
A VA Mortgage helps servicemembers, veterans, and eligible surviving spouses become homeowners. The VA guarantees a portion of the loan, enabling us to provide better terms with lower closing costs.