VA Home Loan Program | Utah

Thank You
For Your
Service.

You've earned one of the most powerful home loan benefits in existence. Let's use it. 0% down. No PMI. No limits.

Trusted by Utah veterans & active duty families

Explore Your Benefit
0%
Down Payment Required
$0
PMI — Ever
Lifetime
Benefit (Reusable)
4%
Seller Concessions Allowed
100%
Financing Available

Earned Benefits

Why the VA Loan Wins

No other mortgage program in America gives veterans this combination of zero down, zero PMI, and the unique ability to use seller concessions to eliminate existing debt.

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0% Down Payment

No down payment required on VA loans regardless of purchase price. Keep your savings intact while still building equity from day one.

🚫

No Private Mortgage Insurance

VA loans never require PMI — saving veterans $100–$300+ per month compared to FHA or conventional loans with less than 20% down.

💳

Concessions Pay Off Your Debts

The VA loan is the ONLY mortgage that allows seller concessions to be used to pay off a veteran's outstanding debts and judgments — a powerful tool no other loan type offers.

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Competitive Interest Rates

VA loans consistently offer some of the lowest interest rates on the market because the government guarantee reduces lender risk — passing savings directly to veterans.

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Lifetime & Reusable Benefit

Your VA benefit never expires and can be used multiple times. Sell your home, restore entitlement, and use the benefit again on your next purchase.

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Flexible Credit Requirements

VA guidelines are more flexible than conventional loans. Lenders typically work with credit scores starting around 580–620, with no hard cutoff set by the VA itself.

No Prepayment Penalty

Pay off your VA loan early at any time without penalty — whether you refinance, sell, or make extra principal payments to pay down faster.

🤝

Assumable Loan

VA loans are assumable — a qualified buyer can take over your existing loan terms when you sell. In a high-rate environment this is an extraordinary negotiating advantage.

Exclusive VA Advantage

Use Seller Concessions
to Pay Off Your Debts

The VA loan is the only mortgage program in the United States that permits seller concessions to be applied toward a veteran's outstanding debts and liabilities at closing.

Sellers can contribute up to 4% of the loan amount in concessions. That money can go directly toward paying off your car, credit cards, student loans, collections, or judgments — clearing your financial slate at the moment you purchase your home.

This can also lower your debt-to-income ratio, helping you qualify for a larger loan or better rate terms. No other loan — FHA, conventional, USDA — allows this.

Debts That Can Be Paid Off at Closing

Credit card balances
Auto loan payoff
Student loan balances
Outstanding judgments
Collection accounts
Medical debts
Closing costs
Funding fee (if not exempt)

Example

On a $450,000 home, the seller can contribute up to $18,000 in concessions — enough to pay off a car loan and clear several credit card balances at closing.

Who Qualifies

VA Loan Eligibility

You earned this benefit by serving. Here's who qualifies for a VA Certificate of Eligibility (COE).

01

Active Duty

Currently serving in any branch of the military — Army, Navy, Air Force, Marine Corps, Coast Guard, Space Force

02

Veterans

Honorably discharged after meeting minimum service requirements (90 days wartime or 181 days peacetime, or 6 years National Guard/Reserves)

03

National Guard & Reserves

6 years of service OR 90 days active duty under Title 10 orders, including if called up during a national emergency

04

Surviving Spouses

Unremarried surviving spouses of veterans who died in service or from a service-connected disability — full VA benefit access

Not sure if you qualify? We can pull your Certificate of Eligibility (COE) in minutes — call or submit below and we'll confirm your status at no cost.

Side by Side

VA vs. FHA vs. Conventional

Feature VA Loan FHA Conventional
Down Payment 0% 3.5% 3–20%
PMI / MIP Never Always (life of loan if < 10% down) Yes (until 20% equity)
Seller Concessions for Debt Payoff Yes — up to 4% of loan No No
Funding Fee 1.25–3.3% (waived if disabled) 1.75% upfront + annual None
Loan Limits None (full entitlement) County limit ($524K–$1.2M) $766K conforming
Credit Flexibility High — no VA minimum 580+ (3.5% down) 620+
Assumable Yes Yes No
Occupancy Required Primary only Primary only Primary / Investment
Prepayment Penalty Never Never Rarely
Reusable Yes — lifetime Yes N/A

Important Detail

The VA Funding Fee

Most VA loans include a one-time VA Funding Fee (1.25%–3.3% of the loan amount) paid at closing or rolled into the loan. This fee funds the VA program so future veterans can benefit — there's no taxpayer cost.

Funding Fee Exemptions

Veterans with a service-connected disability rating of 10% or higher are completely exempt from the VA funding fee — saving thousands at closing. Surviving spouses of veterans who died in service are also exempt.

Even with the funding fee, VA loans typically outperform FHA and conventional loans over time due to zero PMI and lower rates.

Utah Communities

Where Veterans Are Buying

We specialize in the communities closest to Utah's military bases, VA medical centers, and veteran support networks.

Herriman

New construction, Hill Air Force Base commute corridor

South Jordan

Top-rated schools, strong veteran community

Draper

Technology corridor, quick I-15 access

Riverton

Quiet neighborhoods, great value per sq ft

West Jordan

Affordable entry points, growing infrastructure

Lehi

Near Camp Williams, fast-growing tech hub

Ogden

Close to Hill AFB, historic character, lower prices

Salt Lake City

VA Medical Center, Fort Douglas history

Common Questions

VA Loan FAQs

Can I use a VA loan more than once?

Yes. Your VA benefit is a lifetime entitlement. Once you sell a home and pay off your VA loan, your full entitlement is restored. You can also have two VA loans at once if you have remaining entitlement.

What is the VA funding fee and can I avoid it?

The VA funding fee ranges from 1.25% to 3.3% of the loan amount depending on down payment and whether it's a first or subsequent use. Veterans with a service-connected disability rating of 10% or higher are completely exempt from the funding fee.

How does the seller concession debt payoff work?

The VA allows sellers to pay up to 4% of the loan amount in concessions. Uniquely, these concessions can be applied directly to pay off the veteran's debts — car loans, credit cards, student loans, collections, or judgments — at closing. No other loan program allows this.

Is there a VA loan limit?

Veterans with full entitlement (no current VA loan) have no loan limit — you can borrow as much as a lender will approve with 0% down. Veterans with a prior active VA loan may have limits based on remaining entitlement.

Do I need a VA appraisal?

Yes. VA loans require a VA appraisal by a VA-approved appraiser. The appraisal confirms value AND checks that the property meets VA Minimum Property Requirements (MPRs) — ensuring the home is safe, sound, and sanitary.

Can I use a VA loan for a condo or townhome?

Yes, but the condo complex must be VA-approved. We can check VA approval status on any community quickly. Many communities in the Salt Lake Valley are VA-approved.

What if my credit isn't perfect?

The VA itself sets no minimum credit score — individual lenders set their own overlays, typically 580–620. VA loans are among the most accessible mortgage products for veterans recovering from financial hardship.

How fast can I close with a VA loan?

Typically 21–30 days with a strong pre-approval in hand. VA loans are competitive offers in Utah's market — don't let anyone tell you sellers won't accept them.

You Served. Now Let Your Benefit Work for You.

Call today — we'll confirm your eligibility, explain the concession strategy, and have you pre-approved fast.

No Cost, No Obligation

Start Your VA Pre-Approval

We'll verify your eligibility, explain the concession debt payoff strategy, and walk you through every step — free.

No obligation. We will never share your information.

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