Veterans Administration (VA) Loans

Redstone Federal Credit Union® proudly offers VA loans. The VA Home Loan Program allows qualifying veterans and unmarried surviving spouses to purchase a primary residence with no down payment. VA loans are available to veterans, active duty military personnel, and certain members of the National Guard and reserves, and feature:

  • Up to 100% financing of the property value
  • No monthly private mortgage insurance premiums
  • Seller may contribute up to 4% of purchase price

Details on VA Home Loan Eligibility

There are many ways in which you may qualify for a VA home loan. Contact one of our Mortgage Originators to see if you are eligible. Easily apply online, over the phone, or in person by scheduling an appointment at 256-882-8500.

 

Mortgages are only available for properties located in Alabama and Tennessee.

Loans subject to credit approval. Must be eligible for membership and open a savings account to obtain a mortgage loan product. A $5 minimum balance is required to open and be maintained in the savings account at all times. Annual Percentage Rate (APRs) are determined by an evaluation of applicant credit at account opening. Your APR may be different. Fixed APRs are fixed for the life of the loan. Other restrictions may apply. Rates, terms, and conditions are subject to change without notice. RFCU® is an Equal Credit Opportunity Lender. Contact Credit Union for details. Various types of mortgage loan programs and terms are available. VA Funding fee may be required. Must create a separate user name and password to gain access to the mortgage application process.

VA Approved Lender. Redstone Federal Credit Union is not affiliated with any government agencies, including the VA. The VA and Redstone Federal Credit Union are separate entities.

Apply for a Mortgage Today

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Or meet the members of our dedicated team of Mortgage Loan Originators.

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Have Questions about Mortgages?

View the Mortgage Center, contact us online, or call us at:

256-882-8500 (Huntsville area)
800-234-1234 x8500 (toll free)
Monday - Friday: 9 a.m. – 5 p.m.