Buy your Long Island home with $0 down - you've earned it.
VA loans help veterans, active-duty service members, and eligible surviving spouses buy a home with no down payment, no monthly mortgage insurance, and competitive rates. Guided locally by Coltrain Mortgage.
What makes a VA loan different
No down payment
One of the biggest advantages - purchase a home with no money down, saving thousands upfront.
Competitive rates
VA loans often carry lower interest rates than conventional financing, saving money over the life of the loan.
No PMI
Unlike conventional loans, VA loans never require private mortgage insurance - that can mean hundreds saved per month.
Flexible credit
More flexible credit requirements than conventional loans, so you may still qualify with a lower credit score.
Ready to put your VA benefit to work?
Get your Certificate of Eligibility - today.
Already have your DD-214? Upload it along with your contact information and we'll pull your Certificate of Eligibility (COE) for you - often the same day. No cost, no obligation.
- Just need your DD-214 on hand
- No cost, no obligation
- Handled directly by a licensed Coltrain loan officer
Send Your DD-214
Got it - thank you for your service.
We've received your DD-214. A Coltrain loan officer will process your Certificate of Eligibility and follow up shortly.
Who qualifies for a VA loan
Former service members
Current or former members of the U.S. military who meet length-of-service requirements.
Currently serving
Active-duty service members can typically qualify after a minimum period of continuous service.
National Guard & Reserves
Members of the National Guard or Reserves may qualify based on their length and type of service.
Eligible surviving spouses
Certain surviving spouses of veterans may also be eligible for VA loan benefits.
Refinance an existing VA loan
The VA Streamline Refinance (IRRRL) can lower your rate and payment with minimal documentation and no out-of-pocket costs.
Foreclosure assistance
If you're experiencing financial hardship, the VA may offer assistance and resources to help you stay in your home.
From eligibility to closing
Confirm eligibility
We help confirm your service eligibility and pull your Certificate of Eligibility.
Get pre-qualified
A quick conversation tells you what you qualify for before you start touring homes.
Find your home
Shop with confidence knowing no down payment is required.
Close with no PMI
Sign, get your keys, and move forward - with no monthly mortgage insurance.
Flexible credit, real understanding.
VA loans have more flexible credit requirements than conventional financing, so a lower credit score doesn't automatically rule you out. Most borrowers also pay a one-time VA funding fee - which can typically be rolled into the loan - and veterans with service-connected disabilities are often exempt.
Talk to a local VA loan specialist
Tell us a little about what you're looking to do and a Coltrain loan officer will personally reach out - usually within one business day.
- No obligation, no pressure
- Local Long Island loan officers, not a call center
- Answers on eligibility, COE, and funding fees for your situation
Get Your Free Consultation
Thanks - you're all set.
A Coltrain loan officer will personally reach out shortly. Have a question right now? Call (631) 851-4420.
VA loans, answered
What is a Certificate of Eligibility (COE) and how do I get one??
The COE confirms to a lender that you meet the service requirements for a VA loan. If you have your DD-214, Coltrain Mortgage can often pull your COE for you the same day - just upload it above.
Do VA loans require a down payment??
Most eligible borrowers can purchase with no down payment at all - one of the signature benefits of the VA loan program.
Is there a VA funding fee??
Most borrowers pay a one-time VA funding fee, which varies based on down payment and prior use of the benefit. It can typically be rolled into the loan, and veterans with service-connected disabilities are often exempt.
Who is eligible for a VA loan??
Current and former members of the U.S. military, National Guard, or Reserves, and certain eligible surviving spouses, subject to length-and-type-of-service requirements.
Other loan programs on Long Island
Ready to use your VA benefit?
No pressure, no obligation - just a clear answer from a local loan officer.