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VA loan

You’re in the right place for a lower rate and better service for your VA mortgage

Get the lowest interest and payment
Get the lowest rate for sure with our VA Loan Rate Guarantee.
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Enjoy easier approval with a credit score of 580 or higher.
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Rely on us to guide you to homeownership, ensuring everything goes smoothly.


View VA Loan Rates

VA mortgage rate

See how the VA 30-year fixed-rate mortgage has performed recently.

Why a VA loan?

Because the Department of Veterans Affairs backs VA loans, we can offer you a mortgage with significant financial benefits unmatched by other types of loans.

Make no down payment.

Buy a house without a down payment. It's the most significant benefit of the VA loan, especially for first-time home buyers when home prices are rising. This considerable advantage allows you to own a home without waiting years to save. 


Pay no mortgage insurance.

Never pay mortgage insurance when you use a VA loan to buy a home, even when your down payment is 0%. As such, the mortgage payment is lower, so you can afford a more expensive house.


Enjoy a lower interest rate.

The average interest rate for a VA loan is lower than a conventional mortgage. After including your VA Loan Rate Guarantee from NewCastle Home Loans, you'll secure the best deal on your loan and enjoy an affordable monthly payment on your home.


Save money on closing costs.

Pay less for closing costs when you get your VA loan with NewCastle Home Loans. First, the VA limits the costs lenders can charge veterans. What's more, we waive all origination fees for veterans. Unlike other lenders, we don't charge veterans a fee for originating your mortgage. As a result, you could save an extra $1,000 just for using us. 

Are you eligible for a VA loan?

You or your spouse must meet the minimum service requirements of the Department of Veterans Affairs and have a valid Certificate of Eligibility (COE). 

We'll check your Certificate of Eligibility (COE), proving you meet the minimum service requirements and are eligible for VA loan benefits. The process takes minutes to complete. We need your social security number, date of birth, and permission. Start on your mortgage pre-approval now, or talk to an expert at NewCastle Home Loans about a VA loan.  

Talk to an expert.

Ask questions, get straight answers, and find out how to start on your home loan.
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Do you qualify for a VA loan?

Although the VA makes the rules for VA loans, private lenders like NewCastle Home Loans have additional criteria for credit, loan amounts, and property types.


Your credit score must be at least 580 for a VA loan with NewCastle Home Loans. A 580+ score means you meet the minimum standard. But you still need to apply and send us your financial information before we approve your loan. So start now by getting pre-approved so you're ready to take advantage of every opportunity to buy a home.

VA loan limits and property types

With full entitlement, you can borrow as much as $766,550 to buy a single-family, condominium, or townhome. Or get a bigger loan for a multi-unit property without needing a down payment. VA loans help veterans and service members buy homes to live in full-time. So the property must be your principal residence, not an investment or vacation home.

Property type Maximum VA loan amount
Single family, condominium, or townhome
2 units, duplex, multifamily
3 units, triplex, multifamily
4 units, multifamily

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Get pre-approved for a mortgage.

A powerful pre-approval letter, signed by an underwriter, improves your chances of winning the deal.

We have answers to frequently asked questions.

What is a VA loan?

How do I apply for a VA loan?

What is the credit score for a VA loan?

How much is the VA funding fee for 2023?

NewCastle Home Loans is a U.S. Department of Veterans Affairs Approved Lending Institution. We originate, underwrite, close, and fund VA loans according to Veterans Administration requirements outlined in the Lender's Handbook VA Pamphlet 26-7, Revised.