What is a VA Loan

Benefits of VA Loans

No Down Payment: One of the most significant advantages of VA loans is the ability to buy a home with no down payment, making homeownership more accessible.

Competitive Interest Rates: VA loans often come with lower interest rates compared to conventional loans, saving you money over the life of the loan.

No Private Mortgage Insurance (PMI): Unlike many other loan types, VA loans do not require PMI, which can significantly reduce your monthly mortgage payments.

Flexible Credit Requirements: VA loans offer more lenient credit requirements, making it easier for veterans and active-duty members to qualify.

WHY CHOOSE US

What We Offer To You

Welcome to Las Vegas Mortgage, where we specialize in helping veterans and active-duty military personnel achieve their dream of homeownership through VA loans. Our dedicated VA loan specialist is committed to providing personalized and expert service to guide you through the VA loan process with ease and confidence.

Expertise in VA Loans

With extensive experience in VA loan programs, our specialist understands the unique benefits and requirements of VA loans, ensuring you get the best possible terms and rates.

Veteran Support

As a veteran or active-duty service member, you deserve the best support. Our team is here to honor your service by providing exceptional mortgage services designed to meet your needs.

Seamless Process

From pre-qualification to closing, I handle all the details, making your home buying journey smooth and hassle-free.

Commitment to Clients

Your satisfaction is my top priority. I am dedicated to providing transparent, honest, and responsive service throughout the entire loan process.

Local Expertise

As a locally-based mortgage company, we have a deep understanding of the Las Vegas real estate market. Our insights and connections enable us to offer you valuable advice and assistance, whether you're buying a home in the city or the surrounding areas

Comprehensive Loan Options

We offer a wide range of mortgage products, including FHA, VA, conventional, and jumbo loans. This diverse selection allows us to tailor our offerings to meet your specific financial needs and goals, ensuring you get the most suitable loan product for your situation.

Mortgage Pre-Approval

Secure your financing before you start shopping. Our pre-approval process is quick and easy, giving you a clear understanding of your budget and making you a more attractive buyer. Start your journey with confidence!

House Shopping

Explore a wide range of properties that fit your needs and lifestyle. Whether you're looking for your first home, a vacation retreat, or an investment property, our team is here to guide you through the search and help you find the ideal match.

Loan Application

Complete your mortgage application with our streamlined and user-friendly process. Our experienced loan officers will assist you every step of the way, ensuring all your questions are answered and your application is processed smoothly. Let us help you make your homeownership dreams a reality!

WHAT’S THE BEST

Mortgage Programs

At Las Vegas Mortgage, we offer a variety of mortgage programs tailored to meet your unique financial situation and goals. Whether you're a first-time homebuyer, a seasoned investor, or somewhere in between, we have the perfect loan solution for you.

Specific Programs

FHA Loans: Ideal for those with lower credit scores or limited down payment funds.
Conventional Loans: Flexible options with competitive rates for a range of borrowers.
USDA Loans: Great for rural property buyers, offering zero down payment.
VA Loans: Exclusive benefits for veterans and active-duty military members.
DSCR Loans: Perfect for real estate investors focusing on cash flow properties.
Bank Statement Loans: Designed for self-employed borrowers who need to show income differently.
ITIN Loans: Accessible options for those without a Social Security number.
Foreign National Loans: Financing solutions for non-U.S. citizens.
Fix and Flip Loans: Short-term financing for property renovation and resale.
Cannabis Industry Loans: Tailored loan options for professionals in the cannabis sector.
1099 Loans: Options for independent contractors and freelancers with 1099 income.
Private Money Loans: Quick and flexible funding for unique situations or investments.

OUR TEAM

Our Staff Profiles

KeVIN SCHANDA

SENIOR MORTGAGE ADVISOR

NMLS 93971

JONATHAN FESSER

MORTGAGE ADIVSOR

NMLS 2225687

BONNIE CLOCKEL

MORTGAGE ADVISOR

NMLS 1906508

Frequently Asked Questions

What is a VA home loan?

A VA home loan is a mortgage loan provided by private lenders and partially guaranteed by the U.S. Department of Veterans Affairs (VA). It is available to eligible veterans, active-duty service members, and certain members of the National Guard and Reserves. VA loans offer benefits like no down payment requirements, no private mortgage insurance (PMI), and competitive interest rates

Who is Eligible for a VA Loan?

Eligibility for a VA loan is generally available to veterans, active-duty service members, members of the National Guard and Reserves, and, in some cases, surviving spouses. Specific service requirements must be met, which typically include serving a minimum period during wartime or peacetime. A Certificate of Eligibility (COE) from the VA is required to prove eligibility.

What Are the Benefits of a VA Loan?

The primary benefits of a VA loan include no down payment requirements, no private mortgage insurance (PMI), competitive interest rates, and more flexible credit requirements. Additionally, there is a cap on closing costs, and VA loans can be used to purchase, refinance, or improve a home. VA loans are also assumable, meaning they can be transferred to another eligible buyer.

Can I Use a VA Loan More Than Once?

Yes, you can use a VA loan more than once, as long as you have remaining entitlement and meet the eligibility requirements. The entitlement can be restored once a previous VA loan is paid off or assumed by another eligible veteran. This allows you to buy a new home using a VA loan even if you've used the benefit before.

Are There Any Fees Associated with VA Loans?

VA loans do not require PMI, but they do have a one-time VA funding fee, which helps to offset the cost of the loan program to taxpayers. The funding fee varies based on factors such as the type of loan, the down payment amount, and whether the borrower has used the VA loan benefit before. Some borrowers, such as those with service-connected disabilities, may be exempt from the funding fee.