VA Home Loans

VA-guaranteed home mortgage loans are made by Fairway Mortgage Carolinas and guaranteed by the U.S. Department of Veterans Affairs (VA) to eligible veterans for the purchase or refinance of a primary residence. These loans offer a lot of flexibility to our veterans to achieve homeownership-containing more lenient credit guidelines thanConventional loans. Unlike Conventional and FHA loan products with monthly mortgage insurance premiums that could add to your monthly payment, there are no monthly mortgage insurance requirements with the VA loan.

Find the perfect home loan

Benefits of VA Home Loans

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Competitive Interest Rates

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No Down Payment* or Mortgage Insurance

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Flexible Credit Requirements

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Low Closing Costs

*A down payment is required if the borrower does not have full VA entitlement or when the loan amount exceeds the VA county limits. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit guidelines, and property limits.

Find out what you qualify for.

VA Loan Requirements

  • Minimum Credit Score
    • 580
  • Minimum Down Payment
    • 0%
  • Must be a veteran with sufficient entitlement determined by the VA- talk to your loan officer and they can help determine.

How to Get a USDA Loan With Fairway

Meet with a Loan Officer

Click the “Get Started” button on the top right corner of this page and fill out the form. Once receive your form, a Loan Officer will review it before reaching out to gather more information about your specific situation.

Get Pre-Approval

You will provide us with some documentation and start your application. We will use that information to provide you with a formal pre-approval letter so you know how much home you qualify for.

Start Looking for Your Dream Home

Now you can get with your Realtor to find your dream home and put in a strong offer. We provide a variety of different programs to help your offer stand out.

Learn more about VA Loans

Frequently Asked Questions

Generally, eligible borrowers with full VA entitlement can purchase a home in North Carolina with no down payment. A down payment may be required with partial entitlement or when loan requirements exceed available entitlement.

VA loans do not have a universal maximum loan amount for borrowers with full entitlement. For borrowers with partial entitlement, applicable 2026 conforming loan limits can affect entitlement calculations and required down payment.

Yes. Eligible veterans and service members may use their VA loan benefit more than once. Your available entitlement, previous VA loan history, and whether entitlement has been restored can affect your options.

The VA funding fee is a one-time charge that helps support the VA home loan program. The amount depends on loan type, down payment, and whether you have used the VA benefit before.

Yes. VA-backed financing can be used to build a new home, subject to VA eligibility, lender requirements, property standards, appraisal, and construction-loan guidelines. Ask a qualified Charlotte mortgage lender about available options.