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VA Loans

VA HOME LOANS | SERVING THOSE WHO SERVE

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Zero Down Home Purchase VA Loan

Ready to turn the American Dream into reality? At Prime Choice Funding, we’re dedicated to serving those who serve us. With up to 100% financing potential, we empower veterans to take the first step towards homeownership. Your dream home is within reach, and our team is here to support you all the way. Get started today and let us guide you through the process.

We’ve streamlined the VA homebuying and refinancing processes, empowering you to confidently achieve your homeownership goals.

HOW IT WORKS

Contact or
Get Started Online

Our team of licensed loan officers is prepared to assist you with any inquiries you may have. Applying over the phone can be completed in as little as 10 minutes.

Secure
Your Approval

Once you submit your loan application, our team will thoroughly review it, conduct a property appraisal, and complete the underwriting process to ensure your approval.

Secure
Your Funds

Once all requirements have been met and we receive clearance to proceed, we will prepare the necessary loan documents. You will then sign the loan documents, and upon completion, your loan will be funded.

Call or Start Online
30%
Get Approved
50%
Meet requirements, sign loan docs, fund
100%

Tell us a little about your goals. We’ll review your info and follow up with tailored options. No obligation.

Why Primechoice Funding?

At Prime Choice Funding, our focus is on meeting the unique requirements and preferences of our customers when it comes to finding the perfect loan option. With a team of highly experienced Loan Officers and dedicated Operations professionals, we are committed to assisting homeowners in realizing their financing goals. Our mission is to deliver exceptional service and empower homeowners to achieve their financial aspirations.

Frequently Asked Questions

What is a VA Loan?

A VA (Veterans Affairs) loan is a mortgage loan program offered to eligible veterans, active-duty service members, National Guard members, and select Reservists. Administered by the U.S. Department of Veterans Affairs, VA loans are designed to help veterans achieve homeownership with favorable terms and benefits.

  • No Down Payment: One of the most significant advantages of a VA loan is that eligible borrowers can purchase a home without having to make a down payment, potentially saving thousands of dollars upfront.
  • Lower Interest Rates: VA loans often come with competitive interest rates, which can result in lower monthly mortgage payments compared to conventional loans.
  • No Private Mortgage Insurance (PMI): Unlike some other loan types, VA loans generally do not require borrowers to pay for private mortgage insurance, further reducing monthly costs.
  • Flexible Credit Requirements: VA loans may have more lenient credit score requirements compared to conventional loans, making it easier for veterans with less-than-perfect credit to qualify.
  • Limited Closing Costs: The VA has specific regulations on which closing costs can be charged to the borrower, potentially reducing the amount of money needed to close on the home.
  • Assumable Loans: In some cases, VA loans are assumable, meaning that if the borrower sells the home, the buyer may be able to assume the existing VA loan and its terms.
  • Streamlined Refinancing: The VA offers options for streamlined refinancing (Interest Rate Reduction Refinance Loan or IRRRL), making it easier for veterans to refinance their existing VA loans to obtain a lower interest rate or change the loan term.

To be eligible for a VA loan, you generally need to meet one or more of the following criteria:

  • Veterans: Those who have served on active duty in any branch of the U.S. military and have been discharged under conditions other than dishonorable.
  • Active-Duty Service Members: Individuals currently serving in any branch of the U.S. military.
  • National Guard Members and Reservists: Members who have completed at least six years of honorable service or have been called to active duty for at least 90 days.

VA loans can be used to purchase a variety of properties, including:

  • Single-Family Homes: Detached homes for single families.
  • Condominiums: In VA-approved condominium projects.
  • Multi-Unit Properties: Duplexes, triplexes, and fourplexes, as long as one unit is occupied by the borrower.
  • Manufactured Homes: Meeting VA requirements.
  • New Construction: VA loans can also be used for new construction homes.
  • Refinancing: You can also use a VA loan to refinance an existing mortgage.

Yes, in most cases, you can use a VA loan multiple times, as long as you meet the eligibility criteria each time. However, there are certain circumstances where your eligibility might be affected, such as if you have a remaining balance on a previous VA loan or if you’ve had a foreclosure on a VA-backed loan.

Yes, you can use a VA loan to refinance an existing mortgage through the Interest Rate Reduction Refinance Loan (IRRRL) program. This streamlined refinancing option allows you to refinance your current VA loan to obtain a lower interest rate or move from an adjustable-rate mortgage to a fixed-rate mortgage.

The VA loan limit is the maximum amount you can borrow without having to make a down payment.
In 2023, the standard VA loan limit is $726,200 for a single-family home in a typical U.S. county, but it can run as high as $1,089,300 in high-cost areas.

  • VA purchase mortgage:
    Allows qualified service members to buy a home with no minimum down payment
  • VA cash-out refinance:
    – Replaces VA or conventional mortgage with a VA loan.

    – An option to turn home equity to cash.

  • VA streamline refinance (also called a VA Interest Rate Reduction Refinance Loan, or IRRRL):
    Replaces current VA mortgage with a VA loan to lower interest rate or to refinance from an adjustable to a fixed rate.

what our clients say about us

We are humbled by the kind words of our clients. And we are happy that we were the ones to help turn their mortgage goals into reality.

✓ Verified
Todd Nedden and his team at Prime Choice are relentless in satisfying the customer and obtaining the loan with the stipulations they require. Todd and Veronica kept me informed throughout the process and never tired of my constant emails and phone calls. They were a pleasure to work with and finalized the loan I requested.
✓ Verified
I had a fantastic experience refinancing my home with Prime Choice Funding. Todd and Veronica Hall were absolutely the best—professional, responsive, and always kept me updated throughout the process. They answered all my questions promptly through emails and phone calls, which gave me peace of mind every step of the way. I'm very happy I chose Prime Choice Funding and highly recommend them!
✓ Verified
It was a pleasure to work with Zack Seither with Prime Choice. We work together as a team and he was great to work with. He assisted my wife and I with our many questions and concerns. He made himself available at anytime to make sure we meet certain time requirements during the process.
✓ Verified
Prime Choice Funding, what can I say other than Thank you! You made not only the impossible happen, but you were always available to answer my questions and keep my hope alive. We bought our house a year ago, It was a Veteran Home Loan; we came upon difficult times, and one of our family members needed help. We drained our savings and were late on our very high mortgage payment for the following two months. Which would shy away most lenders with a ten foot pole. Andrew Carrillo, of Prime Choice; was still able to get our interest reduced and our mortgage payment reduced by quite a few hundred dollars. I cannot thank him enough for his help and hard work to get our loan pasted through and approved. I am forever grateful to him. If you have the opportunity Veterans, to do an Interest reduction on your loan; take it, try and request Andrew Carrillo, to assist you, and hopefully you get Veronica Hall, to be the loan processor. These two were better than fantastic, they were constantly in communication with us and with each other. Honestly they worked very hard to make this happen for us. I am forever grateful for them, we are looking forward to the future of our home, and the lower monthly payment that we will be paying. Veterans, if you want to save some money and would like to look into lowering your monthly mortgage payment. Give Prime Choice Funding a call and ask for Andrew Carrillo, he will work very hard, to help you out.
✓ Verified
Prime Choice Funding was the best for getting the funding needed and always very professional at all the time from the start to the closing. I gave a 10 not a 5!!! Also Michael Bruner the loan officer to work, he always keep you motiivate and when you needed he always was "over extreme professional at all the time from begginig until the closing". We are family appreciate everything he did. The Best.
✓ Verified
Amazing!!! The best mortgage lender professionals. Keith and his team went above and beyond for us. They communicated effectively and provided a very smooth process to refinance my home. I couldn't be happier with Prime Choice Funding. I definitely recommend this company to all who are seeking a mortgage lender.
✓ Verified
I want to thank David Arnold and Robert Foster so much for all of their help and making the process of refinancing our home a breeze! They were available to answer all of our questions quickly and throughly, and explained every step of the process in a way that was easy to understand. We are saving money every month and got a better interest rate, which we will forever be grateful for! I wish I could rate higher than 5 stars because we had an excellent experience and would recommend Prime Choice to anyone in the market. Thank you so much again Dave and Robert!
✓ Verified
Dave and Sam are great group to work with. They guided me through every step and answered all questions I ask. I would definitely recommend Prime Choice Funding Inc. to anyone. Thank your for the awesome work you do!
✓ Verified
Believe me when I say Prime Choice Funding has your best interest at heart! All the representatives (Andrew Carillo, Dave Arnold) were timely, professional & extremely knowledgeable in refinancing my home. They kept me up to date on the status & answered all the questions from the first contact to even after closing! Where others have failed…Give Prime Choice Funding a try today!!
✓ Verified
Working with professional and friendly team, key to success, we can't say enough positive things about the team that worked with us to do our refi. we are very happy with the results and looking forward to the follow up in March. Thank you so much Brighton and Chrystal you guys rock...:)
✓ Verified
Great company, excellent professionalism and committed to helping you find the best rates! What I found exceptional was the way each of them had my family’s best interest in mind. Thanks again!
✓ Verified
Prime Choice is an excellent company to work with. I have done my original home loan, a refi, and a home equity loan through them. Their expertise and professionalism is above and beyond. They made everything easy. I highly recommend them.
✓ Verified
My experience with Prime Choice Funding was exemplary due to Michael Bruner and Vu Hoang! It was a blessing to work with both of them. Michael and Vu were very attentive and responsive throughout the entire process, which created a decisive, smooth, efficient, and trustworthy experience from start to finish. Thank you, Michael and Vu!
✓ Verified
Great treatment from the staff we dealt with, it was a pleasure working with them through the ups and downs of buying a home.
✓ Verified
It's been an honor to have deal with duo Jennifer and Chrystal they're such a professional in their field I gave them the maximum 5 five a well deserve for their job well done.. Thanks so much.
✓ Verified
My wife and I just refinanced through Prime Choice. We'd been previously stuck with a higher rate with another lender. Working with David Arnold and his team, they were able to lower our rate by a full percentage point, and will stay in contact with us when the rates come down again.
✓ Verified
Zack and Chrystal were awesome!!! Chrystal was more than kind, understanding, thoughtful, patient and went the extra mile with very difficult circumstances!! Chrystal was always professional as Zack was. Chrystal ALWAYS was beyond incredible, she truly deserves 1 million stars!! See them in 6 months for another re-fi!! Our go to mortgage company. Amazing job!!

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Since 2007, we’ve helped homeowners purchase, refinance, tap equity, and plan for what’s next—with clear options and honest guidance.

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