Buy a Home with ZERO down
We'll help you use the VA Home Loan Benefit you earned with your service to buy a home with no down payment.
At NewDay USA, your service is your down payment. Talk with one of our Veteran Loan Specialists now.
Welcome Home
We Make Homebuying Easy
with the NewDay Zero Down
VA Home Purchase Loan
We believe that every Veteran should have the opportunity to buy a home of their own.
Here are great reasons to buy now:
No down payment- You don't have to save up to own.
- No Private Mortgage Insurance (PMI)
- That can save you hundreds a month.
- Your Cash Buyer Certificate
- Your certificate shows sellers you’re qualified and makes your offer stand out.
- Guaranteed 25-day Closing
- When your offer is accepted, we can guarantee to close a 25-day contract, ON TIME.*
* To be eligible for our Close-On-Time Guarantee, buyers must be pre-approved, use our preferred company for title work, and purchase contract must be received at least 25 days before closing date.
VA Home Loan Eligibility
- Active-duty service member
- Veteran with honorable discharge
- Reservist/National Guard with honorable discharge and sufficient time served
- Surviving spouse of an eligible deceased Veteran
- Spouse of a MIA/POW service member
Estimate Your Monthly Payments
See how much home you can afford. Calculate your payments simply by adjusting for home price, loan terms, and interest rates. For an actual quote, call NewDay USA today.
Your estimate will be shown below.
Your estimated monthly payment of principal and interest†
$2,326
$2,326
Term
VA 30 Year Fixed
Rate
6.99%
† Monthly payments only include principal and interest and are not an offer to lend. Tax, insurance, and other fees will apply.
Take the Next Steps to Purchase Your Dream Home with No Down Payment
1. Speak to a Veteran Loan Specialist
Call a loan specialist at 1-800-405-4187 who will guide you through applying.
Or, apply online HERE.
2. Receive Your Cash Buyer Certificate
It shows sellers that your credit and income have been qualified in advance, so you can shop with the confidence of a cash buyer.
3. Meet Your Veteran Real Estate Agent
Your NewDay USA Veteran Loan Specialist can connect you with a Real Estate Agent who understands the VA home purchase process.
4. Close, Move and Celebrate
Once your offer is accepted, NewDay USA efficiently handles the loan paperwork so you can close on time and move into your new home.
Frequently Asked Questions
While not required, we generally recommend involving a Real Estate Agent to give you the peace of mind that the Agent is working for you so the contract will be constructed in your best interest. We can even help you find a veteran focused agent in your area with access to a realtor network.
The Cash Buyer Certificate is unique to NewDay USA and gives you an advantage because our Underwriting Department does a full credit and income review before you go shopping. You will know you are qualified to buy your dream home before you make an offer.
Call one of our Veteran Loan Specialists now and we’ll see how low we can go for you.
More Options to Consider
Already have a VA Loan? You could take cash out of your home’s equity for your family and your home, and even lower your monthly payments. We’ll help you use the VA-Guaranteed Home Loan Benefit you earned to get the cash you deserve, with the NewDay 100 VA Cash Out Loan.
NewDay can say “YES” to a Veteran when other lenders say “No.”