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Step-by-step video guides on how to apply for the three most common mortgage loan types. Learn the requirements, process, and which option fits your situation.
| Feature | VA | FHA | Conv. |
|---|---|---|---|
| Minimum Credit Score | 580–620 | 580 (3.5% down) | 620 |
| Minimum Down Payment | 0% | 3.5% | 3%–5% |
| Mortgage Insurance | None | MIP (upfront + annual) | PMI (if <20% down) |
| Investment Properties | No | No | Yes |
| Primary Residence Only | Yes | Yes | No (2nd homes OK) |
| Occupancy Requirement | Must live in home | Must live in home | Flexible |
| Government Backed | Yes (VA) | Yes (FHA) | No (Fannie/Freddie) |
For Veterans, Active-Duty Military & Eligible Spouses
VA loans are government-backed mortgages offered through private lenders and guaranteed by the U.S. Department of Veterans Affairs. They require zero down payment, no PMI (Private Mortgage Insurance), and offer competitive interest rates. As a veteran-owned company, Winners Finance deeply understands the VA loan process and the unique advantages it offers those who served.
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Obtain your Certificate of Eligibility (COE) — request it online through the VA.gov eBenefits portal, or ask your lender to pull it electronically. You'll need your DD-214 for separated service members.
Submit your deal today and get a term sheet in 24 hours. No obligations, no credit pull, no nonsense.