VA Loans: The Ultimate Guide for Pennsylvania & New Jersey Veterans

Thank You for Your Service

The VA loan program is one of the most powerful benefits available to veterans, active-duty service members, and eligible surviving spouses. At The Taberne Group, we're proud to help veterans achieve homeownership.

Key VA Loan Benefits

Zero down payment: Buy a home with no money down

No PMI: No private mortgage insurance ever

Competitive rates: VA rates are typically 0.25-0.50% lower than conventional

Flexible credit: No official minimum credit score (most lenders require 580-620)

Limited closing costs: VA restricts what fees lenders can charge

No prepayment penalty: Pay off your loan early without fees

Eligibility Requirements

You may be eligible if you:

Served 90+ consecutive days during wartime

Served 181+ days during peacetime

Served 6+ years in the National Guard or Reserves

Are the surviving spouse of a veteran who died in service or from a service-connected disability

You'll need a Certificate of Eligibility (COE), which we can help you obtain.

VA Funding Fee

The VA funding fee replaces PMI and helps sustain the program. For first-time use with no down payment, the fee is 2.15% of the loan amount. This can be rolled into the loan.

Exemptions include veterans with service-connected disabilities and surviving spouses.

PA & NJ Specific Benefits

Both Pennsylvania and New Jersey offer additional benefits for veterans:

PA: Property tax exemptions for disabled veterans

NJ: $250 annual property tax deduction for veterans, plus various state loan programs

Let Us Help You Use Your Benefits

Many veterans don't realize they're eligible or don't know how to get started. The Taberne Group specializes in VA loans and will guide you through every step.