VA Home Loans
Honoring Your Service With Better Home Financing
If you've served in the U.S. military, you've earned access to one of the most powerful home loan programs available. VA loans offer eligible veterans, active-duty service members, and surviving spouses significant advantages that make homeownership more affordable and accessible.
Equal Housing Lender - Member FDIC
NMLS #1831756
VA Loan Benefits
No down payment required for most purchases when full VA entitlement is available
No private mortgage insurance (PMI)*
Competitive interest rates, often lower than conventional loans
Flexible credit requirements
The VA limits certain fees lenders can charge, helping reduce your out-of-pocket closing costs
No prepayment penalty
Loans are assumable: a future buyer may be able to take over your loan
*Most VA loans require a VA funding fee, which varies based on your down payment and whether it is your first or subsequent use of the benefit. Certain veterans with service-connected disabilities may be exempt.
Who Is Eligible?
Get started today with your homebuying journey
VA loans are available to:
Veterans who have served the required length of active duty
Active-duty service members
National Guard and Reserve members who meet service requirements
Surviving spouses of service members who died in the line of duty or from a service-connected disability (generally must not have remarried).
Owner occupied - VA loans require owner-occupancy.
For full VA eligibility requirements, please visit benefits.va.gov or contact a Portage Bank loan officer.
Washington State also offers additional homebuyer assistance programs for veterans. Ask your loan officer about WSHFC programs.
How the Process Works
Step 1:
Get pre-qualified with your Portage loan officer
Step 2:
Obtain your Certificate of Eligibility (COE) - we can help with this
Step 3:
Find your home and make an offer
Step 4:
We guide you through the VA appraisal and loan approval process.
Note: A VA appraisal establishes value for loan purposes and is not a substitute for an independent home inspection.
Step 5:
Close and move in
Serving Those Who Served
Our loan officers are experienced with VA loans and understand the unique needs of military families. We'll make sure you take full advantage of the benefits you've earned.
Benefits of choosing Portage
Customization
We work with you to tailor loans to your specific needs and budget.
Ease
Our competitive rates, variety of options, and helpful approach make getting the right loan easy.
Relationships
We’re here to build a lasting partnership and find the best way to help you reach your goals.
Disclosures:
All loans subject to credit approval. Rates, terms, and conditions subject to change. [NMLS #1831756]You have the right to receive a copy of any appraisal used in connection with your loan application.All rates are subject to change without notice and depend on creditworthiness, loan amount, term, and other factors. Contact a loan officer for a personalized rate quote.We are committed to fair lending. We do not discriminate on the basis of race, color, religion, national origin, sex, familial status, disability, age, or any other characteristic protected by law.Loan officers are licensed federally by NMLS (#1831756). Visit nmlsconsumeraccess.org for more information.