VA Loans

VA loans, offered by Waterstone Mortgage, are specialized mortgage options tailored for active military members and veterans, providing a means to secure home financing under favorable terms. These loans are backed by the U.S. Department of Veterans Affairs, ensuring no down payment is required and offering benefits such as lower interest rates and no private mortgage insurance. Eligibility extends to veterans, active-duty military, reservists, National Guard members, and surviving spouses. Applicants must obtain a Certificate of Eligibility (COE) to demonstrate qualification. VA loans also include refinancing options to reduce existing loan rates or withdraw equity.