No Down Payment. No PMI. No Hassle—With a VA Loan
Exclusive benefits for veterans, active-duty service members, and eligible spouses.
Buy or refinance a home with no down payment and flexible qualification standards.
What Is a VA Loan?
A VA loan is a government-backed mortgage guaranteed by the U.S. Department of Veterans Affairs. It helps eligible military borrowers buy, build, or refinance a home with no money down, no private mortgage insurance, and competitive interest rates.
How It Works
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Who Qualifies?
VA loans are available to eligible veterans, active-duty service members, National Guard and Reserve members, and some surviving spouses. You’ll need a valid Certificate of Eligibility (COE), sufficient credit, and stable income. The home must be used as your primary residence.
Why Veterans Choose VA Loans:
📄 Simple qualifying process
🔄 Refinance options: IRRRL and cash-out
🏡 Buy, build, or improve a primary residence
🟢 Backed by the VA—built for your service
VA Loan FAQs
Q: Do I have to be a first-time buyer?
No. You can use your VA loan benefits multiple times.
Q: Is there a loan limit?
No loan limits with full entitlement, but lenders may set caps based on your profile.
Q: Can I refinance an existing loan?
Yes! Use the VA IRRRL for rate reduction or cash-out to access equity.
About Us
At The Federal Savings Bank, we make home financing easy. Whether you're buying, refinancing, or just exploring options, we’re here to help. Located at 1150 South Ave, Suite 304B, Staten Island NY 10314, we offer competitive rates, great service, and a smooth and fast loan process from start to finish.
Company NMLS: 411500
Equal Housing Opportunity
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Disclosures and License Information
Texas Mortgage Disclosure: Consumers wishing to file a complaint against a mortgage banker or licensed residential mortgage loan originator should contact the Texas Department of Savings and Mortgage Lending (SML). Visit [www.sml.texas.gov](https://www.sml.texas.gov) for instructions and to obtain a complaint form. Mailing Address: 2601 North Lamar, Suite 201, Austin, TX 78705 • Toll-Free: 1-877-276-5550 (Required per 7 TAC §80.200(b))