Eligible buyers may be able to purchase with no down payment and no monthly private mortgage insurance. A lender must confirm eligibility, entitlement, qualification, and property requirements. Plan for other possible costs even when no down payment is required.
Start with your eligibility and the total cost
Work with a VA-experienced lender to obtain your Certificate of Eligibility and a written estimate. Ask about the funding fee and whether an exemption applies to you.
- Compare lender quotes using consistent assumptions.
- Include taxes, insurance, inspections, and closing costs.
- Discuss occupancy requirements and your PCS timeline.
Build an offer that fits the property
A home’s condition and appraisal can affect financing. Will can coordinate the offer terms, inspection timing, and any request for seller-paid costs with your lender and the other party.
- Confirm property type eligibility before committing to expenses.
- Keep an independent home inspection in the plan.
- Discuss appraisal and financing provisions before signing.
Coordinate closing with your arrival
Military schedules, household-goods delivery, and possession may not line up automatically. Contact the Altus AFB housing office early and confirm your authorized housing arrangements.
- Tell the lender and closing company about travel limitations.
- Ask early about acceptable remote signing options.
- Keep a backup plan for lodging and belongings.
Questions that come up next
Not necessarily. Closing costs, prepaid expenses, a possible funding fee, and other expenses can still apply. Ask your lender for your estimated cash to close.
Will provides real estate representation. Loan decisions belong to the lender and VA; this site is not affiliated with or endorsed by the military.
Useful sources & next steps
Official eligibility, loan options, and application guidance.
Understand possible funding fees, exemptions, and seller-paid costs.
Discuss housing eligibility and options before making an off-base commitment.
General real estate planning information. Your contract, property, lender, and personal situation determine the applicable requirements. Use the linked official resources and consult the relevant professional for a specific decision.