Do I need a down payment?

No — with full entitlement the VA benefit allows $0 down with no monthly mortgage insurance.

VA Assumable Loan

The VA Assumable Loan is part of the VA home-loan benefit. Here is the plain-English rundown for 2026.

How it works

VA loans are assumable: a qualified buyer (veteran or not, with lender approval) can take over your loan and its rate — a powerful selling point when you hold a low rate in a higher-rate market.

Key things to know

$0 down payment with full entitlement, and no monthly mortgage insurance.
Requires a Certificate of Eligibility (COE) and a primary-residence occupancy plan.
A one-time funding fee applies (financed; waived for many disabled veterans).
VA county limits only matter for partial entitlement — otherwise there is no cap.

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Frequently Asked Questions

What is the VA Assumable Loan?: VA loans are assumable: a qualified buyer (veteran or not, with lender approval) can take over your loan and its rate — a powerful selling point when you hold a low rate in a higher-rate market.
Do I need a down payment?: No — with full entitlement the VA benefit allows $0 down with no monthly mortgage insurance.