Choose Redstone for your VA home loan to take some stress off of you during the home buying process.

Did you know that Redstone offers Veterans Administration (VA) loans? If you're a veteran or on active duty and looking into buying a home, a VA Loan is a great way to make that dream a reality. We have a dedicated team of mortgage originators to help guide you through the process and make purchasing your next home with a VA Loan simple and stress-free.  

Did You Know? Redstone Offers VA Loans!

May 31, 2017

Choose Redstone for your VA home loan to take some stress off of you during the home buying process.

Did you know that Redstone Federal Credit Union® offers Veterans Administration (VA) loans? If you're a veteran or on active duty and want to buy a home, a VA Loan is a great way to make that dream a reality. We have a dedicated team of mortgage originators to help guide you through the process and make purchasing your next home with a VA Loan simple and stress-free. 

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. These loans are an attractive benefit to veterans and are partially guaranteed by the VA, as long as guidelines are met.   

VA loans feature:

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

Members must present their Certificate of Eligibility before the loan is processed.  

Another advantage of getting a VA loan from Redstone is that the VA and Redstone both offer financial counseling to its members.  

Read Next: What Costs to Expect with a VA Loan

You can qualify for a VA home loan in many ways. Contact one of Redstone’s Mortgage Originators to see if you are eligible. Easily apply online, over the phone, or in person by scheduling an appointment at 800-234-1234. We will be happy to help navigate you through the paperwork to land your dream home. 

Please note, mortgages are only available for properties located in Alabama and Tennessee.

This article was adapted from our Aspire! member newsletter. See all the articles here

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Equal Housing LenderThis credit union is federally insured by the National Credit Union Administration.

Redstone is an Equal Credit Opportunity Lender.

This content is provided for informational and educational purposes only and considered accurate as of the date posted. Views and opinions expressed in comments do not constitute an official endorsement by Redstone Federal Credit Union® or its affiliates. Redstone encourages you to seek professional advice for your personal situation before making any financial decision and is happy to assist you at any of our branch locations.

Must be RFCU® member to obtain or use any product or service. Must open a share savings account to join RFCU. A $5 minimum balance is required to open a share savings account and must be maintained in the share savings account at all times. Age and other restrictions may apply.

Loans subject to credit approval. Must be eligible for membership and open a savings account to obtain a mortgage loan product. 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.