VA Loans

VA Loans with OlyFed

As part of our mission to serve you, we offer VA loans to help qualifying service members, Veterans, and eligible family members become homeowners.

VA Loan Benefits

OlyFed is proud to partner with our friends at Servion Mortgage to offer low-interest VA loans for U.S. military members (active duty and veterans) and their families. With a VA loan, you enjoy:

  • No Private Mortgage Insurance (PMI)
  • No down payment | 100% financing
  • Significantly lower fees

Even better, our partners at Servion Mortgage will provide service and support for the life of the loan, so you can always count on getting the high quality care you’ve come to expect working with OlyFed.

Flexibility & Affordability

VA Loans are often an excellent fit or option for homebuyers with low cash savings, less than stellar credit, and/or higher debt-to-income ratios because they typically offer great flexibility than a conventional mortgage. In fact, with a VA mortgage a buyer can negotiate with the home seller to have them pay costs associated with the VA Loan (origination fee, appraisal fee, title insurance, property taxes, etc.) up to 4% of the loan amount, further helping with affordability.

VA Loans are backed by the Department of Veterans Affairs, which means they have less risk to lenders therefore they typically have more favorable terms for borrowers. With VA Loans, borrowers can choose a fixed or variable rate mortgage with a range of loan terms that work best for them.

CONTACT A LOAN OFFICER

*VA loan underwriting, financing and servicing provided by Servion, Inc. Contact an OlyFed Loan Officer at (360) 754-3400  for current rates, eligibility details and/or to start the application process. Servion, Inc., NMLS# 1037, is an Equal Housing Lender.