How much cash will I need?
Ask about appraisal, title, prepaid items, escrow, funding fee, and lender charges. “No down payment” does not always mean “no money due at closing.”
For eligible veterans and service members
Use your VA benefit with a clear plan.
A VA loan may make buying more accessible for eligible borrowers. The benefit can include no required down payment in many cases, but a complete cost review still matters.
A personal plan
Your home goal.
Your next step.
Your next step.
1Tell us what matters
2Compare the trade-offs
3Choose how to proceed
What to understand about VA financing
- Down payment: VA loans may allow eligible borrowers to buy with no down payment, subject to entitlement, price, lender, and underwriting rules.
- Funding fee: A VA funding fee may apply. Some veterans, including certain borrowers receiving qualifying disability compensation, may be exempt.
- Rate lender-fee offers: Rate’s Zero for Heroes offer may waive its underwriting and processing fees for eligible VA borrowers. Ask April which Rate fees are covered and what third-party costs remain.
- Occupancy and entitlement: VA loans have program-specific requirements. April can help identify what to ask and gather for a Rate application.
Utah property-tax question
Service-connected disability may matter.
Utah has a property-tax exemption for qualifying disabled veterans. Eligibility and the amount depend on documentation and program rules; it does not automatically eliminate every property-tax bill.
Review Utah Tax Commission details ↗Bring these questions to April
Should I use my benefit now?
Compare monthly payment, cash to close, funding fee, future entitlement, and how long you expect to own the home.