If you can qualify for a VA home loan, they are typically the best mortgage option available. VA loans don't require a down payment and have lenient qualification standards in terms of income and credit. This program also usually offers the lowest interest rate of all other mortgage products. You do not have to be a first-time home buyer to qualify for a VA loan, and you can reuse this program with any and all of your home purchases.
For those who may need to improve their credit score to become eligible to qualify for a home loan, while also building up a savings for down payment, check out our RHB Credit Builder Program.