Skip Navigation PDFs require Adobe Acrobat Reader to view, download Adobe® Acrobat Reader.
a veteran and his family standing in front of their home

VA Home Loans & Requirements

Personal Banking


Univest offers lending solutions designed specifically for active and retired military personnel. Veteran Administration (VA) loans are insured through the Veteran’s Administration and assists eligible applicants in purchasing a home or refinancing an existing home loan.


Benefits of a VA Loan

  • 100% financing with no mortgage insurance
  • Low or no down payment
  • Fixed- and adjustable-rate loan options
  • Competitive interest rates
  • An assumable loan
  • Flexible income, debt and credit requirements
  • Closing costs are as good as or lower than other financing types
  • No prepayment penalty
  • Can be used more than once
  • Current standard single-family loan amount is $647,200* with full eligibility in this area


VA Loan Eligibility

Any persons with an active or retired military status can be eligible for a VA loan. Surviving, unmarried spouses of a veteran who died in service or because of service-related disabilities may also be eligible.


How to Use a VA Loan

  • To purchase a 1-4 unit family home, townhouse or condominium unit in a VA approved project
  • New home construction
  • Refinance an existing home loan up to 90% of the reasonable value of the property established by the VA
  • Refinance an existing VA loan to reduce the interest rate



*Maximum loan amount may vary based on veteran's available entitlement. Certain loans may require an additional down payment, which will be based on current conforming loan limit calculations. The offer of credit is subject to credit approval.

contact us

There was an error submitting the form

Thank you for your submission.

apply now

Get pre-qualified

Meet the team


You may also be interested in:





to the
top