A VA Loan is Designed to offer long-term financing to veterans. VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans. Gold Star Mortgage Financial Group – Christopher Chaffin is a VA approved lender located in Ann Arbor and serving surrounding areas including Macomb Township, Clinton Township, Chesterfield Township, Harrison Township and St. Clair Shores, and all of Michigan.

What is a VA Loan?

A VA Loan is provided by the Veterans Administration and has no down payment.  There are two main types of VA loans: VA purchase loans and VA IRRL. We have gotten many veterans into homes with no money at all. Call us at (248) 663-3130 and an expert will walk you through purchasing your home with a VA loan. The second most common VA Loan, IRRL (interest rate reduction loan) is a VA refinance program where the veteran is allowed to lower their interest rate at up to 100% of the properties value with no appraisal cost.

Benefits of VA Loans

VA (Veteran Affairs) purchase loans offer 100% financing and up to 4% seller concessions for qualified veterans. All you need to do is have your dd214 and give us a call.

Learn more about seller concessions.

VA Loan Eligibility

Different counties have different limits on how much you can borrow for an VA Loan.

VA Loan Limits

Different counties have different limits on how much you can borrow for an VA Loan.

Get Pre-Approved for a VA Loan

If you are a veteran in Ann Arbor, Macomb Township, Clinton Township, Chesterfield Township, Harrison Township and St. Clair Shores or anywhere in Michigan, contact Gold Star Mortgage Financial Group – Christopher Chaffin at (248) 663-3130 for more information, or simply fill out the form on this page.