VA home loans for our military community VA home loans for our military community
Proudly offering VA loans backed by the U.S. Department of Veterans Affairs. Qualified military borrowers include active-duty personnel, veterans, reservists, National Guard members, and their surviving spouses.
- No down payment required on eligible loans
- Up to 100% financing available
- No private mortgage insurance (PMI) required
- Flexible credit qualifications
Forbes #1
A Forbes Best-in-State Credit Union in Washington 4 years running
A Forbes Best-in-State Credit Union in Washington 4 years running
Our service to you
We’re honored to serve you. Your VA loan will be handled quickly and efficiently, and you’ll have our support every step of the way.
VA home loans are typically better than conventional mortgages, with lower rates and fewer requirements.
- Fixed- and adjustable-rate options
- Available for owner-occupied primary residence in WA, OR, or ID
- VA funding fee can be financed into loan
- Jumbo financing up to $1.5 million (down payment may be required)
VA Rates
30-Year Fixed Rate
20-Year Fixed Rate
15-Year Fixed Rate
Rates subject to change at any time.
FAQ
Frequently asked questions
VA loans are for current and veteran service members, including Reserves and National Guard, surviving spouses and eligible dependents. To be eligible, you must have satisfactory credit, meet income qualifications, and have a valid Certificate of Eligibility (COE).
There are several different types of VA loans, including purchase loans and cash-out refinance loans.
Mortgage applications require documentation of financial history. For a VA loan, you will be asked to provide your Certificate of Eligibility (COE), proof of income (2-year minimum of employment), and a list of outstanding debts or financial obligations. Other documentation may also be required.
VA loans usually require no down payment and have lower minimum credit score requirements. You also avoid paying private mortgage insurance (PMI), which most conventional loans require when you make a down payment of less than 20%. There is a one-time funding fee with a VA loan that can be financed into the loan.
Private mortgage insurance (PMI) is usually required insurance paid by the homebuyer when the down payment is less than 20% of the home sale price. With a VA loan, you won’t have to pay for private mortgage insurance, no matter what your down payment may be.
Why WSECU?
WSECU membership has its perks. Enjoy favorable rates on everything from credit cards to savings accounts. Insured deposits. A great mobile app. Access to your money from ATMs anywhere in the world. Unparalleled member service. It's no wonder Forbes ranked WSECU a Best-in-State Credit Union in Washington 4 years running. And since you'll be part of a member-owned cooperative that gives 4% of its net income back to your local community, you'll see the good happening all around you. Every day.
