VA Loans in Arizona
Exclusive Benefits for Veterans and Active Duty Service Members
3 min - no credit impact
VA Loans Offer Zero Down Payment for Arizona Veterans
$0 Down, No PMI, Flexible Requirements
Our lenders offer VA loans up to $2 million with $0 down.
Understanding VA Loans: Your Path to Homeownership
VA loans are powerful tools for veterans, active-duty service members, and eligible surviving spouses to achieve homeownership. These government-backed mortgages offer unique benefits that make buying a home more accessible and affordable.
Designed to honor military service, VA loans provide exceptional advantages over conventional financing options. With $0 down and no monthly mortgage insurance, these loans make it easier to buy a home.
From reduced closing costs to no private mortgage insurance, the benefits of VA loans can translate into thousands of dollars saved over the life of your mortgage. Let's explore the key features that make VA loans an unparalleled opportunity:
Get Your Free VA Loan Consultation →No Down Payment Required
Purchase a home with 0% down, allowing you to conserve your savings for other expenses.
Lower Costs Up Front
You put $0 down and pay no monthly mortgage insurance. That can save you hundreds of dollars a month.
No Private Mortgage Insurance
Save money each month by avoiding the PMI required on most low-down-payment mortgages.
Flexible Credit Requirements
VA doesn't set a minimum credit score, but most lenders, including all of ours, require at least 620.
Government Guaranteed
Backed by the U.S. Department of Veterans Affairs, providing lenders with added security.
Available for Various Property Types
Use VA loans for single-family homes, condos, and even multi-unit properties (up to four units).
Who Qualifies for a VA Loan?
VA loans are designed to honor the service of our military personnel. Eligibility extends to various groups within the armed forces community. Here's a breakdown of who may qualify:
Veterans
Those who have served in any branch of the U.S. armed forces and were discharged honorably.
Active Duty Service Members
Current members of the military who have served at least 90 continuous days.
National Guard and Reserve Members
Members with 90 days of active duty (not training), or 6 years of service.
Surviving Spouses
The unmarried spouse of a veteran who died in service or from a service-connected disability. Some other spouses may also qualify, like spouses of POWs and of veterans missing in action.
Cadets and Midshipmen
Active individuals at U.S. military academies may also be eligible for VA loans.
Other Service Members
Some Public Health Service officers may qualify. So may NOAA officers and World War II merchant seamen.
VA Loan Eligibility: Minimum Service Requirements
To qualify for a VA home loan, veterans and active-duty service members must meet certain minimum service requirements based on when and how they served. The chart below outlines the required length of service for different military eras, helping you quickly determine if you may be eligible for VA loan benefits.
| Status | Service Era | Qualifying Service Dates | Minimum Service Criteria |
|---|---|---|---|
| Veteran | Post-WWII | 7/26/1947 - 6/26/1950 | 181 continuous days of service |
| Veteran | Korean War | 6/27/1950 - 1/31/1955 | 90 total days of service |
| Veteran | Post-Korean War | 2/1/1955 - 8/4/1964 | 181 total days of service |
| Veteran | Vietnam War | 8/5/1964 - 5/7/1975 | 90 total days of service |
| Veteran | Post-Vietnam | 5/8/1975 - 9/7/1980 | 181 continuous days of service |
| Veteran | 24 Month Rule | 9/8/1980 - 8/1/1990 (10/17/1981 for officers) | 24 continuous months, OR the full period called to active duty (minimum 181 days) |
| Veteran | Gulf War | 8/2/1990 - present | 24 continuous months, OR the full period called to active duty (minimum 90 days) |
| Currently On Active Duty | Any | Any | 90 continuous days |
| National Guard & Reserve Member | Gulf War | 8/2/1990 - present | 90 days of active duty (not training), or 6 years of service |
National Guard & Reserve Members
Qualify with 6+ years of service, plus one of the following:
- ✓Honorable discharge
- ✓Placement on retired list
- ✓Transfer to Standby/Ready Reserve after honorable service
- ✓Continued service in Selected Reserve
Other Eligible Individuals
Qualify if you meet one of the following criteria:
- ✓Unmarried spouse of a veteran who died in service or from a service-connected disability
- ✓POW/MIA spouse
- ✓Some Public Health Service officers may qualify. So may NOAA officers and World War II merchant seamen.
- ✓Active cadet/midshipman at U.S. military academy
To check if you qualify, you need a Certificate of Eligibility (COE) from the VA. Mortgage Brothers can help you get it while we work on your loan.
Veterans: Is Your Credit Ready for a VA Loan?
VA loans offer flexible credit requirements for service members, but knowing your score still matters. Discover if your credit score is VA-loan ready.
Take The QuizExplore Your VA Loan Options
The VA loan program offers various types of loans to meet the diverse needs of veterans, active-duty service members, and eligible surviving spouses. Each option is designed to provide affordable homeownership or refinancing opportunities. Let's explore the available VA loan types:
Purchase Loans
Fixed-rate mortgages with 15-year or 30-year terms for buying a primary residence.
Interest Rate Reduction Refinance Loan (IRRRL)
Also known as a "Streamline Refinance," it allows you to refinance an existing VA loan with minimal paperwork.
Cash-Out Refinance
Refinance your current loan (VA or not) and take cash out. VA lets you borrow up to 100% of your home's value. Some lenders set a lower cap.
VA Jumbo Loans
With full entitlement, VA has no loan limit. If part of your VA benefit is still in use on another loan, the amount you can borrow with $0 down is based on the 2026 county limit. That limit is $832,750 in every Arizona county.
Energy Efficient Mortgages (EEM)
Additional funds for energy-saving home improvements, added to your primary VA loan.
Native American Direct Loan (NADL)
Specialized loans for eligible Native American veterans to buy, build, or improve homes on Federal Trust Land.
Understanding VA Loan Costs: What to Expect
While VA loans offer many benefits, there are still some costs associated with obtaining one. Here's a breakdown of the key expenses you should be prepared for when applying for a VA loan:
VA Funding Fee
A one-time charge ranging from 0.5% to 3.3% of the loan amount, which can be financed into the loan.
Origination Fee
Lender charges for processing the loan, capped at 1% of the total loan amount by VA regulations.
Appraisal Fee
VA sets this fee. For a house or condo, it is $750 in Maricopa, Pima, Pinal, Cochise, Gila and Santa Cruz counties. It is $850 in all other Arizona counties.
Title Insurance
Protects against issues with the property's title, usually 0.5% to 1% of the loan amount.
Credit Report Fee
Covers the cost of pulling your credit history, typically $100 to $130.
Recording Fee
Arizona counties typically charge $30 to record each document, like your deed and deed of trust.
Source: VA appraisal fee schedule, effective May 1, 2026
These costs can vary depending on your location, lender, and specific loan details. Remember, while some fees are unavoidable, the VA limits what veterans can be charged. Additional cost-saving benefits include:
- ✓Sellers can pay all of your normal closing costs. VA caps other seller extras, like paying off your debts or your funding fee, at 4% of the home's value.
- ✓No limit on discount points that sellers can pay
- ✓You and the seller can agree on who pays your real estate agent. The seller can still pay it.
- ✓No prepayment penalties if you pay off your loan early
- ✓No mortgage insurance premiums required
VA Funding Fee Rates
The VA Funding Fee is a one-time payment required for most VA home loans. This fee helps to lower the cost of the loan for U.S. taxpayers since the VA home loan program doesn't require down payments or monthly mortgage insurance. The amount of the fee depends on your type of service, the amount of your down payment, and whether it's your first time using a VA-backed loan. Below is the current VA Funding Fee schedule, effective as of April 7, 2023:
| Type of Loan | Down Payment | Funding Fee % First Time Use | Funding Fee % Subsequent Use |
|---|---|---|---|
| Purchase | Less than 5% | 2.15% | 3.3% |
| Purchase | 5% or more | 1.5% | 1.5% |
| Purchase | 10% or more | 1.25% | 1.25% |
| VA Cash-Out Refinance | Any | 2.15% | 3.3% |
| IRRRL Streamline Refinance | N/A | 0.50% | 0.50% |
Veterans who get VA disability pay, and some others, don't pay the funding fee. These fees are set by law through June 9, 2034.
Navigating the VA Loan Application Process
Applying for a VA loan is a straightforward process designed to help eligible veterans and service members achieve homeownership. Here's a step-by-step guide to get you started on your journey:
Obtain Your Certificate of Eligibility (COE)
Request your COE online at VA.gov, or ask Mortgage Brothers to request it for you.
Gather Necessary Documents
Collect your DD214 (for veterans) or statement of service (for active duty), along with standard financial documents.
Pick a VA Loan Expert
Work with a team that knows VA loans, like Mortgage Brothers. As a broker, we shop VA lenders for you.
Complete Loan Application
Provide detailed information about your income, assets, and the property you wish to purchase.
Get Pre-Approved
Receive a pre-approval letter to strengthen your position when making offers on homes.
Find Your Dream Home
Work with a real estate agent to locate a property that meets VA loan requirements and your personal needs.
Discover how easy it is to start your VA loan with help from Mortgage Brothers. We'll guide you through each step, from getting your COE to closing on your home.
Start Your VA Loan Journey Today! →What Our Veterans Say About VA Loans
Elizabeth Todd
“Eddie and his team are fantastic to work with! They are efficient, friendly and very professional. They communicate to all parties in the transaction, making it a very smooth transaction every time.”
Elizabeth Todd, H2 Realty, Phoenix, Arizona
Why Choose Mortgage Brothers LLC for Your VA Loan?
Choosing the right lender for your VA loan is crucial for a smooth homebuying experience. While many lenders offer VA loans, few truly specialize in them or understand the unique requirements of veteran borrowers.
Mortgage Brothers knows VA loans. We'll guide you through every step, from getting your COE to closing on your home.
VA Loan Specialists
Mortgage Brothers has extensive experience with VA loans and understands the unique requirements and benefits available to veterans.
Many Lenders, One Call
As a broker, we compare VA loans from many lenders, so you don't have to shop on your own.
Streamlined Process
We help you obtain your Certificate of Eligibility (COE) and guide you through every step of the application process.
Local Expertise
With deep knowledge of the Arizona market, we understand local property requirements and VA loan limits.
Dedicated Support
We provide personalized attention and expert guidance throughout your entire VA loan journey.
Common Questions About VA Loans
Get answers to frequently asked questions about VA loans. Mortgage Brothers has compiled the most common questions from veterans and service members about the VA loan process.
These answers provide general guidance. Contact Mortgage Brothers for personalized information based on your specific situation.
Need expert guidance with your VA loan?
Mortgage Brothers is ready to help. Contact us for VA loan help.
1599 East Orangewood Ave Suite 200, Phoenix, AZ 85020
Mortgage Brothers LLC does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Mortgage Brothers NMLS 1007154, NMLS #210917 and #1618695. Equal Housing Opportunity.