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Veterans United Home Loans Review 2022

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Veterans United Home Loans specializes in offering loans backed by the U.S. Department of Veterans Affairs (VA), giving military borrowers and families an opportunity to use their VA benefits to become homeowners. Veterans United was founded in 2002 and is headquartered in Columbia, Mo.

Who is this lender for?

Veterans United is a good fit if:

  • You’re an active-duty or retired veteran or eligible spouse looking for a VA home loan.
  • You currently have a VA loan and want to take advantage of a wide variety of VA refinance options.
  • You need 24/7 access to a loan officer due to overseas service.
  • You’re looking for a lender that specializes in VA loans.

10/10 LendingTree’s mortgage lender rating

LendingTree’s mortgage lender rating is based on a 10-point scoring system that factors in several features, including digital application and closing processes, available loan products and online and in-person accessibility. LendingTree’s editorial team calculates each rating based on a review of information available on the lender’s website. Lenders receive a half-point on the “standard product offerings” criterion if they offer at least two of the four standard loan programs (Conventional/FHA/VA/USDA). In some cases, additional information was provided by a lender representative

  = 1 pt   = 0 pts

  1.   Application online
  2.   Product info online
  3.   Rates listed online
  4.   Helpful articles about mortgages and homebuying
  5.   Standard product offerings
  6.   Special programs
  7.   Info about how to qualify for products offered online
  8.   E-closing availability
  9.   Licensed in at least 35 states
  10.   After-hours and weekend access to loan officers

Veterans United pros and cons


  You’ll have access to a lender that specializes in all types of VA loans

  You can find out if you’re eligible for a VA loan before you apply

  You can reach a loan officer after hours and on weekends


  You won’t find home equity loan or home equity line of credit products

  You’ll need a higher conventional loan minimum down payment than other lenders require

  You won’t be able to finance a manufactured home with a Veterans United loan

Veterans United borrowing requirements

Minimum credit score620
Minimum credit score 
  • 620
Minimum down payment 
  • 0% VA and USDA
Available loan terms 
  • 30-year fixed and 15-year fixed-rate
Available loan types 
  • VA
  • Conventional
  • FHA
  • USDA

Veterans United mortgage rates and fees

Veterans United posts rates for both purchase and refinance transactions. Most of the rate quotes include discount points, and assume the borrower has sufficient entitlement and is buying or refinancing a single-family home with at least a 720 credit score.

Veterans United mortgage products

Purchase and refinance

Military borrowers will find a broad array of VA purchase and refinance products. That includes no-down-payment VA jumbo loans for borrowers looking to borrow more than the $647,200 conforming loan limit for most single-family homes in the country.

Homeowners with a current VA mortgage may qualify for an interest rate reduction refinance loan (IRRRL) that allows you to skip verifying your income or the hassle of a home appraisal. You can also borrow up to 90% of the value of your home with a VA cash-out refinance. Veterans United also offers the VA Energy Efficient Mortgage (EEM) program if you want to roll in up to $6,000 worth of storm windows, solar heating or heat pumps when you buy or refinance your home.

If you’re not eligible for a VA mortgage, you may qualify for a loan backed by the Federal Housing Administration (FHA) with a 3.5% down payment. The U.S. Department of Agriculture (USDA) backs loans in designated rural areas with no down payment requirement. However, you’ll have to meet the low- to moderate-income guidelines for your area.

If you have a 5% down payment, Veterans United offers conventional mortgages. You’ll have to pay private mortgage insurance (PMI) to protect the lender in case you default unless you make at least a 20% down payment.

Special programs

Veterans United borrowers can take advantage of real estate-related services such as Veterans United Realty Agents and receive a credit to apply to closing costs. Veterans United Insurance offers homeowners, auto and life insurance coverage options. Credit counseling is also available for VA borrowers who need help improving their credit.

How does Veterans United compare to other lenders?

Veterans UnitedPenFedAmeriSave Mortgage
Minimum credit score 
  • 620
  • 650
  • 600 FHA and VA loans
Minimum down payment 
  • 0% VA and USDA
  • 0% VA
  • 3% on first-time homebuyers
  • 5% conventional loans
  • 0% VA and USDA
  • 3% on conventional
  • 3.5% on FHA
Loan products and types 
  • VA
  • Conventional
  • FHA
  • USDA
  • Conventional
  • VA
  • Jumbo
  • Conventional
  • FHA
  • VA
  • USDA
Special programs offered 
  • Real estate services
  • Insurance products
  • Credit counseling
  • First-time homebuyer loan; lender credits
  • None
Lender ReviewPenFedAmeriSave Mortgage


Today's Mortgage Rates

  • 5.34%
  • 4.55%
  • 3.31%
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