It’s time for us to serve you.
Embrace Home Loans is honored to support the men and women who serve or have served our country. We offer a host of VA loans and home financing options for military personnel and their families. VA loans are issued through approved lenders like Embrace and are guaranteed by the Federal Government through the US Department of Veterans Affairs (VA). VA home loans allow veterans to buy or refinance a home with no down payment.
To be eligible for a VA loan, you have to be currently or formerly on active duty (181 days during peace time or 90 days during war time), a National Guard or Reserve member for at least six years, or the spouse of a service member who has died in the line of duty or as a result of a service-related disability.
You’ll need a valid Certificate of Eligibility (COE) from the VA. At Embrace, our loan officers are experienced with the VA loan process, and they will obtain an electronic copy of your COE using a copy of your discharge papers, or DD-214.
Working with us will put you at ease. You’ll work with the same knowledgeable loan officer from start to finish. Our loan officers are all experts in their field with many years of experience, and they can help you close your loan in weeks, rather than months.
Embrace Home Loans is not a government agency.

Purchasing with a VA Loan
When you purchase a home with Embrace, you’re in good company. You’ll enjoy some distinct advantages with a VA loan:
No down payment required
No monthly private mortgage insurance (PMI)
Because VA loans are government backed, you don’t have to pay private mortgage insurance (which is typically required). This allows for larger loans with the same payment.
Competitive rates
Since VA loans are government backed, lenders view these loans as safer options for homeowners. As a result, they’re able to offer more competitive interest rates than traditional loan programs.
Finance your funding fee
For VA purchase loans, there is a funding fee. This ensures that the program can continue for future generations of military personnel and their families, and this fee goes directly to the VA. Your funding fee can be conveniently rolled into the overall loan amount. The fee does not apply for veterans with service-related disabilities.
Additional requirements
The home being financed must be your primary residence. In addition to a valid COE, standard items, such as pay stubs, tax returns, W-2s, employment history, bank and investment statements, and documentation of any real estate assets, are required.
Refinancing with a VA Loan
When you team up with Embrace to get a VA refinance loan, you have a tactical advantage. One of our mortgage specialists will walk you through all of the refi options that exist under the VA guidelines. There are many benefits possible. You can lower your monthly payments, merge a Conventional loan with VA-backed one, or even get cash for home improvements.
When it comes to VA loans, two options for refinancing exist: Interest Rate Reduction Refinance Loans (IRRRL) and a more traditional Cash-Out Refinance. The IRRRL was created to give veterans who are currently paying off their mortgage an even lower interest rate. In order to qualify, you must already have a VA loan-backed mortgage, and the new rate must be lower than your original. You also qualify if you’re refinancing from an adjustable rate to a fixed rate. IRRRLs are helpful for those still active in the military or who have completed their service.
The other option for a VA refi is a Cash-Out VA Refinance, which you can use the funds as you wish, including for repairs or improvements on a home. Whether you have a Conventional, FHA, or a VA-backed loan, you can still fold it into the Cash-Out Refinance.
Some eligibility requirements include the following:
- Veterans who served on active duty in the Army, Navy, Air Force, Marines, or Coast Guard, and (except for a service member on active duty) was honorably discharged
- Members of the Reserves and National Guard upon completion of six years of service
- Unmarried surviving spouses of veterans who died as a result of service or service-connected causes
Frequently asked questions
How do I get a Certificate of Eligibility?
I have already obtained one VA loan. Can I get another one?
How can I obtain proof of military service?
Only a portion of my eligibility is available at this time because my prior loan has not been paid in full even though I don't own the property anymore. Can I still obtain a VA guaranteed home loan?
Is the surviving spouse of a deceased veteran eligible for the home loan benefit? What about the children of an eligible veteran?


