Programs Government

VA Standard

Min. FICO 580 Up to 100% CLTV 

The VA Standard loan is a mortgage program offered by the Department of Veterans Affairs (VA) to veterans, active-duty service members, and their eligible surviving spouses. It's designed to help veterans and their families buy, build, repair, maintain, or adapt a home for personal use.

Program features
  • Loan amounts up to $2 million
  • Min. FICO 580
  • Up to 100% LTV
  • Manufactured homes
  • No down payment required
Why choose our VA Standard?
  • Limited closing costs
  • Temporary rate buydowns are available
  • No private mortgage insurance (PMI)
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Program details

Loan amounts up to $2 million 
Gift funds are allowed
No down payment required 
Manufactured homes
Up to 100% LTV 
Owner occupied only
A Certificate of Eligibility (COE) required 
Income history of at least two years through employment verification (pay stubs, including LES for military employment, W-2 forms or income tax returns, bank statements, proof of other income, including but not limited to investments, rental properties, etc.)
Documentation of outstanding debts required
VA Funding fee must be paid
No private mortgage insurance (PMI) or mortgage insurance premiums (MIP) required 
Temporary rate buydowns are available 
Eligible VA borrowers: Active-duty service members; Members of the National Guard; Reservists; Surviving spouses of veterans; Cadets at the US Military, Air Force or Coast Guard Academy; Midshipmen at the U.S. Naval Academy; Officers at the National Oceanic & Atmospheric Administration 
Eligible property: Single-family home, townhouse, multi-family up to 4 units, condo in a VA-approved project, new-built home, manufactured home
Various fixed terms
Eligible citizenship: US citizens 
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To start doing VA with AD Mortgage you need to be VA approved partner and establish agent relationship with AD in VA system. Once you are VA approved, please, send an email with Agent VA ID Number, Federal tax ID, NMLS and Company name to sponsorship@admortgage.com so your request can be reviewed.

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Fast turnaround times

As fast as

24 hr

Disclosure

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As fast as

24 hr

Underwriting

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As fast as

48 hr

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