VA Loans

F Purchase p Refinance Apply Today
  • Available with no down payment
  • 30-year fixed rate, assumable loans are available at historically low interest rates
  • Loan amounts starting at $50,000
  • Owner occupied, 1–4 units, PUDs, and condos may be financed
  • Maximum 100% LTV purchase; 90% R/T and cash-out refinance* options
  • Buyers must have a minimum 640 credit score
  • Seller may pay up to 4% of the buyer’s closing costs, including pre-paids such as property taxes, insurance, and homeowner’s association dues

The VA loan is available to eligible veterans and active-duty military personnel. Apply today or learn more by calling (812) 469-9928 or 1-800-800-9271.

Serving those who have served our country. Apply Today

More about VA Loans

The Veteran’s Administration home loan program was created following WWII to provide soldiers, returning from service, with assistance in securing a home loan. The Department of Veterans has since helped millions of service members achieve the dream of home ownership through a VA loan. While the government does not issue VA loans, they do guarantee the loans with VA-approved lenders. This guarantee often means very competitive rates and terms for qualified veterans.

VA loans are for the purchase of a primary residence and are available to borrowers who have served or are presently serving in the U.S. military. Eligible VA loan recipients may include:

  • Military Veterans
  • Active-duty Military Personnel
  • Surviving Spouses
  • Reservists and National Guard Members

VA loans offer borrowers the opportunity to purchase a home with no down payment, and offer more flexibility in underwriting standards and requirements. A few additional advantages offered by VA Loans include no private mortgage insurance (PMI) expense, right to prepay without penalty, as well as an assumable mortgage. An assumable mortgage means that if the home is sold, the new buyer may assume or acquire the loan that is on it.

Liberty Financial is a VA-approved lender. If you are a veteran considering a VA loan, we can assist you in verifying your eligibility and obtaining a Certificate of Eligibility from the VA.

What information will Liberty need to process my application?
  • Prior two years addresses and dates of residence.
  • Social Security number or tax ID.
  • Driver’s license or state issued identification card.
  • Prior two years employment information including employer contact and dates of employment.
  • Most recent W2 and pay stub for all income sources.
  • Two years federal tax returns, including tax applicable schedules if you are self-employed, have rental income, farm income or additional non-W2 reported income.
  • Alimony, child support or separate maintenance documentation if you wish to have it considered as basis for repaying this obligation.
  • Additional information may be required such as Divorce decree (if applicable) and/or proof of extra income such as rental income, dividends, Social Security, retirement, disability, pension, or welfare (supporting documentation is required).
  • Balance owed on all liens attached to the property including all mortgages as well as any home equity loans or lines of credit.
  • Most recent mortgage statement (if applicable).
  • Most recent property tax bill.
  • Most recent hazard insurance declaration page.
  • Most recent flood insurance declaration page (if applicable).

Loans are subject to credit review and approval. A sample monthly payment on a 30-year fixed loan amount, based on a $100,000 purchase price with $3,500.00 down (3.5% minimum down payment required), no points, monthly payments based on an interest rate of 3.75% interest rate, is $522.50. The payment listed does not include property taxes or homeowners insurance, MI is included. The rate may vary depending on each individual’s credit history and underwriting factors. All loan programs, rate terms and conditions are subject to change at any time without notice. Not available on manufactured homes. Property insurance required. Minimum loan amount may apply. Other restrictions may apply. Liberty Financial mortgage lending product availability may vary based on property location.