A VA loan is issued by federally qualified lenders and are guaranteed by the U.S. Department of Veteran Affairs,                                                                                     
 for service members, veterans, and their surviving spouses. It is generally easier to qualify for a VA loan than
a conventional loan. VA loans may only be used for the purchase or refinance of a primary residence.

VA Borrowers May Qualify for:

$10,000,000 Maximum Loan Amount
500 FICO Score Required
100% Financing Without Private Mortgage Insurance
Refinances to 100% Cash Out of the home value including Funding

All American Home Mortgage is a Marine owned Mortgage Banker and represents 18 VA Institutional Lenders
and averages 18 days to close your loan from application date.  All American Home Mortgage pays for the
appraisal for Veterans.


  • VA Loans made prior to March 1, 1988 can be assumed with no qualifying of the new buyer. If the buyer defaults the property the Veteran homeowner may be liable for the funds.
  • Some sellers are hesitant to work with someone obtaining a VA Loan because it takes longer than a conventional loan to process.
  • Sellers are often asked to pay a portion of closing costs and therefore less likely to negotiate the sales price of the home.