VA Loans with Sprint Funding
Sprint Funding is the partner you need for housing loans. We have the lowest VA mortgage rates, and we offer multiple options like VA loans. A VA loan is a type of mortgage loan obtainable by means of a program spearheaded by the United States’ Department of Veteran Affairs.
The VA department establishes the necessary standards and terms of the mortgage loans, but they are not the ones who will deliver the money involved.
Instead, banks and mortgage companies finance these VA loans. They are available to active and veteran service personnel, as well as their beneficiaries or families.
At Sprint Funding, we can help you learn more about VA loans.
We can also help you secure the funding you need to own the home you want.
With over 15 years in the business, we can provide you with the guidance and tools you need to secure loans.
How VA Mortgage Loan Works
VA loans aim to help our active service personnel, veterans, widows, and widowers in terms of acquiring homes.
The person simply has to present a certificate of eligibility from the Department of Veteran Affairs to the lender while applying for a loan.
Sometimes, these private lenders have their own set of requirements that must be fulfilled by the applicant, but they are not much of a hassle as opposed to other types of loans.
VA loans were first proposed as part of the Servicemen’s Readjustment Act of 1944 but did not achieve popularity and widespread attention until recently.
During the first four months of 2019, about eight percent (8%) of house acquisitions were done with the help of a VA mortgage loan.
To be able to apply and get accepted into this loan program, the people in question have to fulfill the VA department’s set of service requirements.
We can help you with any inquiries you may have with VA loans, offering financial assistance for your homes.
VA Loan Requirements
Applicants are eligible if they fulfill any of three classifications:
- The applicant is an active duty service member, or a veteran who was honorably discharged (no recorded offenses).
They must have had 90 successive days of active duty if a war is going on, or 181 days of active duty if it is a period or harmony. The applicant has done over six years of active service for the National Guard or the Selected Reserve.
The applicant is the spouse of a service member who was killed while in active service or duty.
If an applicant is qualified, they must show lenders the Certificate of Eligibility that they acquired from the VA department.
A certificate may be requested through the Department of Veteran Affairs’ website. There are also options of acquiring a certificate through mail or even through the lenders themselves.

Most VA loans can get approved in about 40 to 50 business days, provided that the borrower fulfills all requirements asked by the department and lender.