VA Loans

If you are looking for a VA Loan, you have come to the right place. Jacob Lausen owner of KDA Home Financial is a veteran himself and has extensive knowledge of the application process for VA loans. VA Loans are loans that are guaranteed by the U.S. Department of Veteran Affairs and are designed to provide veterans of the armed forces (as well as their surviving spouses) with affordable long term financing options.

With a VA Loan the borrower can borrow up to 103.3% without PMI. But there are other benefits as well, such as: there is no down payment, no prepayment penalty, the mortgage is assumable like a FHA loan, and no mortgage insurance is required for VA loans. VA does have a required funding fee that can fee financed. If you have a 10% or more rated VA disability, the funding fee is waived.

Not everybody qualifies for a VA loan, but generally speaking veterans ,active-duty personnel, reservists/national guard members, and most surviving spouses (*if they do not remarry) qualify.

We truly appreciate your service which is why we would love to assist you in obtaining a VA loan. KDA Home Financial is excited to be part of your home buying process, no matter if it is your first home or if you are refinancing a current home. We will work diligently to ensure you receive exactly the loan that fits your bill.

If you have any questions or would like to schedule a consultation, you can call us at 480-939-3009.