Last Updated: 04/18/2025
Veterans United Home Loans Mortgage
Claimed
Last Updated: 04/18/2025
SuperMoney User Recommendation Score +87
Strongly recommended31 total votes
Cast Your Vote
Compare All Home Mortgage Loans
Filter & compare all your options in one place.
Highlights
Community Rating
Strongly recommended
Credit Score Range
620 - 850
Disclaimer popup with additional information
Amount Range
Up to $1,500,000
Loan Term (Years)
15 - 30
Disclaimer popup with additional information
Number of Reviews
Veterans United Home Loans Mortgage Review
Veterans United Home Loans Mortgage is offered by Veterans United Home Loans (NMLS #1907), a direct lender founded in 2002 and based in Columbia, MO. Veterans United are available in 50 states and Washington, DC.
Key Takeaways
- Wide selection of mortgage programs offered. Veterans United Home Loans Mortgage offers FHA, USDA, VA, conforming, and conventional mortgages.
- Financing for single-family and multi-family properties. However, Veterans United Home Loans does not offer financing for manufactured homes.
- Non-standard interest rates available. Veterans United Home Loans Mortgage only offers hybrid mortgages.
- Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- Origination fee of 1%. This is on the low end for lenders that charge an origination fee. However, some lenders don't charge an origination fee.
- Fair credit accepted. Borrowers with a credit score as low as 620 may qualify for Veterans United Home Loans Mortgage.
Veterans United Home Loans Mortgage Pros & Cons
| Pros | Cons |
|
|
Veterans United FAQ
How much can you borrow via Veterans United Home Loans?
Veterans United allows borrowers to apply for loan amounts of up to $1,500,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
What is the maximum loan term you can get with Veterans United?
Veterans United offers mortgages with terms ranging from 15 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What mortgage rates does Veterans United Home Loans offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
Do they charge mortgage origination fees?
Yes, Veterans United may charge a loan origination fee of 1% of the loan amount .
Does Veterans United charge prepayment fees?
No, Veterans United does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.
What mortgage programs are available?
Besides conventional mortgages, Veterans United offers the following mortgage types:
- FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
What property usage types does Veterans United allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Veterans United allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
- Investment properties and house flipping projects
What is the customer service phone number?
The customer service number for Veterans United Home Loans Mortgage is (800) 884-5560.
What is the support contact email?
The support contact email for is customer_service@vu.com.
How do people rate the customer service and user experience?
Overall, this business is strongly recommended based on community reviews that rate customer service and user experience.
Veterans United Home Loans Mortgage Disclosure: A VA approved lender; Mortgage Research Center, LLC – NMLS #1907 (www.nmlsconsumeraccess.org). Not affiliated with the Dept. of Veterans Affairs or any government agency. An Equal Opportunity Lender.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.