VA Loans with Travis
VA Loans are government-backed mortgages for purchasing or refinancing a home. This special military benefit is offered only to active-duty military personnel, veterans, and select borrowers meeting qualifications from the Department of Veterans Affairs.
VA Loans Offer Many Advantages
Low Cost of Entry
- No down payment required
- No PMI (Private Mortgage
Easier to Qualify
- VA-backing lets lenders offer lower interest rates
- Qualify with a lower credit score or outside sources of income
Easier to Pay Off
- Lower cost lets buyers pay more principal than interest
- No prepayment penalty
Whether you’re buying or refinancing, turn to Travis, and we’ll check to see if you qualify for a VA Loan.
Call (888) 698-0000 to talk with one of our home loan experts to learn more or start the process online.
Since 1951, Travis has been serving the military and its communities with advice and products to build your financial wellness. Thank you for your service!
VA 30-year Fixed Purchase require a minimum credit score of 610. Based on a loan to value of 100% and loan amount of $250,000, the effective interest rate as of September 29, 2020 is 3.875%, with an Annual Percentage Rate (APR) of 4.110%. Monthly payment is $1,175.59 for months 1-359 and $1,177.51 for month 360. Monthly payment disclosed is principal & interest and does not include taxes and insurance. VA loans are guaranteed by the U.S. Department of Veteran Affairs (VA) loans who require taxes and insurance to be impounded per month, and depending on eligibility may require a VA Funding Fee of 1.25% to 3.30% of the base loan amount. VA maximum mortgage loan limit based on loan limits for specified Metropolitan Statistical Area as defined by Federal Housing Finance Agency (FHFA). For owner-occupied CA primary residence properties only. Everyone who lives, works, worships or attends school in our 12-county area is eligible to join. Certain membership eligibility requirements may apply. Equal Housing Opportunity. NMLS #643926.