FHA Loans & VA Loans

Bank of Internet USA offers both FHA Loans and VA Loans to homebuyers. These government-backed mortgages offer low interest rates, the ability to make a lower or even no down payment, and generally easier qualifications for funding.

Benefits of Government-Backed Mortgages

Both FHA Loans and VA Loans offer unique benefits, depending on your individual needs and qualifications.

  • FHA Loans
    • Low down payment
    • Flexible qualifications
    • Available in fixed-rate and adjustable-rate loan options
  • VA Home Loans for Veterans
    • No down payment
    • Quick approval
    • No Private Mortgage Insurance (PMI) required
    • Available in fixed-rate and adjustable-rate loan options

Call 1.888.546.2634 to speak to a knowledgeable Mortgage Consultant who will pair you with the government-backed loan that is just right for you.

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What Is an FHA Loan?

An FHA Loan is a government mortgage that’s backed by the Federal Housing Agency (FHA). FHA Loans offer low down-payment and credit requirements, as well as less-stringent underwriting guidelines than . At Bank of Internet USA, our FHA Loan rates are among the lowest in the nation.

Is an FHA Loan Right for You?

An FHA Loan may be right for if you:

  • Want to take advantage of flexible qualification and credit requirements
  • Have a down payment or home equity of less than 20% of the mortgage loan amount
  • Already have an FHA loan and want to save money with a

What Is a VA Loan?

A VA Loan is a government mortgage backed by the U.S. Department of Veterans Affairs. Although VA loan rates depend on the specific loan program, offers rates that are consistently among the lowest in the mortgage industry.

Is a VA Loan Right for You?

A VA Loan may be right for you if you:
  • Are a U.S. Veteran or the surviving spouse of a U.S. Veteran who meets the eligibility requirements established by the U.S. Department of Veterans Affairs*
  • Want the option of making no down-payment
  • Want to save money by avoiding monthly Private Mortgage Insurance (PMI) requirements

*For further information, visit the U.S. Department of Veterans Affairs .

Learn More about FHA and VA Loans

Government-backed FHA and VA Loans make it easier for a wider range of homebuyers to qualify for and obtain mortgages. At Bank of Internet USA, we make it easier still by offering some of the lowest mortgage rates on FHA and VA loans in the nation.

We encourage you to get in touch with one of our friendly mortgage specialists at 1.888.546.2634 today to find out which one of our government-backed mortgage or other will best meet your financial needs and goals.