We did a refinance on our home, and James Abdallah was very professional, assisting us every step of the way with any information we needed and answering any questions that we had. The entire process was very fast and we felt very comfortable with how knowledgeable he was. He was easy to contact and available at all times for us. We ended up getting the deal that we wanted with a quick turnaround time. A special thanks to Lex and Sue as well for their help as part of the team! I highly recommend working with the Lit Financial team… Read more →
VA loans. Giving back to those who gave.
LitFinancial is proud to service all who served. VA Loans clear the traditional roadblocks of mortgage loans making it easier for veterans and the family of veterans to achieve homeownership.
Best for veterans and their families financing a home without traditional loan requirements or downpayments.
No SSN required. Zero impact to credit.
Your information is never sold.
★★★★★Rated 4.9/5 stars
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No Social Security number needed.
No effect on your credit score.
Your details are never shared or sold.
Takes under a minute to finish.
What is a VA Loan?
A VA Loan is issued by the Veterans Affairs administration to a veteran, service-member, or the family or spouse of either party. They typically require no downpayment aside from a VA loan funding fee, which is a small percentage of the total loan.
Is this loan right for me?
Well, if you’re a veteran, service-member, or a spouse of a veteran or service-member — yes. If not, then no. VA Loans are uniquely favorable to the borrower because the borrower, or their spouse, has enlisted to protect America. VA Loans are reserved for those who have made that commitment.
How can LitFinancial help?
VA Loans might not be as tricky when it comes to wrangling down payments and private lending. But the difference is in the details. LitFinancial’s expert brokers can help negotiate funding fees, interest rates and more to get you the most favorable terms.
Frequently Asked Questions
Let's help make things clearer.
A VA loan is a mortgage for eligible veterans, active-duty service members, and some military spouses. It offers great benefits, including no down payment.
Most VA loans require no down payment at all.
No. VA loans do not require monthly mortgage insurance, which helps keep payments low.
It’s a one-time fee that helps keep the VA loan program running. Some veterans are exempt, especially those with a service-connected disability.
Most lenders prefer a score around 620, but guidelines are often more flexible than other loan types.
Veterans, active-duty members, National Guard, Reserves, and surviving spouses may be eligible depending on service history.
No. VA loans are for primary residences only—you must live in the home.
Single-family homes, condos (VA-approved), townhomes, and even multi-unit homes (up to 4 units) if you live in one.
Yes. You can use your VA loan benefit multiple times, as long as you restore your entitlement.
Sometimes yes. In certain situations, you can have two VA loans at once if you have enough remaining entitlement.
There are no official loan limits if you have full entitlement. Your approval is based on your income, credit, and debts.
Yes. VA loans require a VA appraisal to check value and ensure the home meets basic safety standards.
Most VA loans close in about 30 days, similar to other loan types.
Yes. Family can give you money to help with closing costs or expenses.
VA loans limit what you can be charged, and sellers can pay many of your costs—making them very affordable.
Usually not, unless you’re buying a multi-unit home.
Yes. The VA offers simple refinance options, including an IRRRL (Streamline Refinance) with minimal paperwork.
You can, but the home must meet VA safety standards. Some buyers use a VA Renovation Loan.
You can still qualify. VA loans are flexible—there are waiting periods, but they’re often shorter than other loan types.
If you’re eligible, VA loans are usually one of the best options—no down payment, no mortgage insurance, and flexible guidelines.
Get started with our quote tools.
Whether you’re estimating your mortgage costs, seeking to simplify and save through debt consolidation, or aiming to explore and compare various loan options tailored to your needs, our intuitive tools are here to guide you every step of the way.
No SSN required. Zero impact to credit. Your information is never sold.
Why choose LitFinancial?
Experience Matters
When it comes to loan officers, we are experienced experts and take pride in leveraging our knowledge to help you every step of the way.
We Are Your Advocate
Our loan officers are advocates through -out your lending journey. From finding the right mortgage plan, to proactively engaging with key stakeholders on your behalf.
Relentlessly Seeking Solutions
We are committed and passionate about helping borrowers find their best financial fit. We tap our trusted network to look at any and all options.
Lit For Life
Our approach to advising is finding the best solution for each client’s life. We will also be there as your needs change through different life stages.
Advising You Like You’re Family
We are a mortgage partner that takes the time to listen to your needs and goals. We care about each client that tailor our advice for your best outcome.
Leading the Industry
We are constantly modernizing lending models, streamlining treasury operations, and increasing transparency across mortgages. This allows us to bring innovative products and better service to you.
Chris Solinski, Executive Loan Officer
“Nothing is impossible. The word itself says ‘I'm possible!’”
People like LitFinancial
When you love what you do, it shows.
We had an excellent experience working with Lit Financial from start to finish. The entire process was smooth, transparent, and far less stressful than we expected. A huge thank you to Billy Abdallah, for his leadership, responsiveness and hands-on approach, he truly sets the tone for a company that values integrity and client care. And Jennifer Kaddis, our loan officer, was outstanding. She was knowledgeable, responsive, and took the time to explain every step, making sure we felt confident and informed throughout the process. Lit Financial went above and beyond to make sure everything was handled efficiently and in our… Read more →
We were moving 1800 miles across country and worked with Chad Pounders at Lit Financial to broker our mortgage. As difficult as remote home buying can be, the financing was the least stressful by a wide margin and I credit that to Chad and his team at Lit. Communication was always quick and Chad showed a ton of patience as we worked through inventory with our realtor. Chad is knowledgeable and was open and honest about our options as we moved through the process. I highly recommend reaching out to Chad and his team at Lit if you are in… Read more →
The first call with Keefer was awesome and i immediately felt hopeful that i would get the house of my dreams. Keefer was professional, friendly and very supportive throughout the process. Tiffany and Rima came on board and did a fantastic job together with Keefer. Working with this team has been a great experience that i will never forget about. Keefer held my hand, always giving me updates and encouraged me to keep going and not lose hope, he guided me throughout the process . Rima, Tiffany and Keefer worked so hard for me to get the loan, I’m so… Read more →
"Emile took such wonderful care of us from beginning to end (and is still available for us). Emile focused on what my family needed and was able to comprehend and retain my information so I didn’t have to keep repeating myself. We successfully refinanced our home and got the $$ to buy a bus for our new school when nobody else would give us a chance! Her expertise with finances and mortgages saved me and set me back on what feels like the right path. Emile was never pushy and was always polite and kind. She, Maggie, and the rest… Read more →