VA professionals with a passion for helping veterans & active military.
ABOUT VA LOANS
We proudly offer home financing to those who serve and have served our country. If you’re a veteran or an active duty servicemember, there’s no better mortgage product for you.
Guaranteed by the U.S. Department of Veterans Affairs, VA loans are specially designed with exclusive benefits—like flexible requirements and favorable terms—for veterans, active duty servicemembers, and eligible surviving spouses. Available programs include purchase and refinance options.
WORK WITH US
The VA loan program has helped generations of Veterans, servicemembers and military families achieve the dream of homeownership.
Whether you are a first time homebuyer or looking to lower your monthly payments, we want to help!
Servicemember looking to purchase a new home?
VA PURCHASE LOANS
A VA home loan is a mortgage guaranteed by the United States Department of Veteran Affairs, designed to help military members move into the homes of their dreams.
Getting a mortgage is about more than just rates; it’s about developing a plan for one of the biggest investments that you will make in your life. We work to match your unique credit, income and asset qualifications to the best program available to you.
Veteran who already found your dream home, but want to lower monthly payments?
VA REFINANCE OPTIONS
If you have an existing VA-backed home loan and you want to reduce your monthly mortgage payments—or make your payments more stable—refinancing might be right for you! Refinancing lets you replace your current loan with a new one under different terms.
When refinancing, it is important to understand what your unique goals are so that we can customize a loan program for you. Whether we are lowering your interest rate or putting you in a different type of loan, we will assess your needs to determine the right fit to get more money in your pocket. Together, we can look into interest rate reduction refinance (IRRRL) or streamline refinancing.
Active Military looking to take cash out to improve your home's equity?
VA CASH-OUT* REFINANCE
Cardinal now has six high Loan-to-Value VA Cash-Out* Refinance options that allow you to retain up to a 100% Loan-to-Value.
Borrowers with an LTV of 90.01% and higher will now be eligible for these products:
VA 20-Year Fixed-Rate High LTV Cash Out*
VA 25-Year Fixed-Rate High LTV Cash Out*
VA 30-Year Fixed-Rate High LTV Cash Out*
VA 20-Year Fixed-Rate High LTV Cash Out* High Balance
VA 25-Year Fixed-Rate High LTV Cash Out* High Balance
VA 30-Year Fixed-Rate High LTV Cash Out* High Balance
*Using your home equity to pay off debts or make other purchases does not eliminate the debt or the cost of the purchases, but rather increases the loan amount of your mortgage to be paid according to your new mortgage terms.
What VA Loan Program is Right for Me?
The mortgage process can be intimidating, but if you’re a veteran or an active duty servicemember, there’s no better mortgage product for you than a VA loan. There are various VA loan options to choose from, so keeping yourself informed and knowing the basics will get you steps closer to owning your dream home.
Need more options? We can help! We also offer conventional, FHA, USDA, jumbo loans, and more. We also have plenty of loan options for borrowers looking for unique financing like construction home loans, disaster relief loans, down payment assistance, etc.
WHY GET A VA LOAN?
No down payment required
Credit scores as low as 550 may be accepted
Low interest rates available for qualifying borrowers
No monthly (PMI) private mortgage insurance
Available for purchase loans
Available for VA cash-out refinance
Streamline refinance (IRRRL) with no appraisal and minimum documentation (current VA loans only).
Easier to qualify
HOW TO QUALIFY
Qualify for a VA Loan
Qualifying for a VA loan takes more than just passing basic training, VA home loans require you to have served the equivalent of one of the following terms:
Honorable discharge after 90 days of active service during wartime
Honorable discharge after 181 days of active service during peacetime
Two-year requirement of service enlisted after 9/7/1980
Previously, eligibility was based on six years of service. Now, it is open to National Guard members who served 90 days of full-time duty, of which, at least 30 of those days were consecutive. This eligibility does not include inactive duty, such as monthly drills or basic training. It is open to current and former National Guard members, regardless of service dates.
The spouse of a service member who has died in the line of duty or as a result of a service-related disability is also eligible for this mortgage program.
Qualifying also takes into consideration income and credit.