Mortgages | VA Loans | People's United Bank

Your military service has benefits.

Veterans are offered flexible guidelines to purchase a new home or refinance their current mortgage.

Low Down
Payment

And in some cases, a down payment may not be necessary.

No mortgage
insurance

No mortgage insurance requirement, either monthly or upfront.

Interest Rate Reduction
Refinance Loan (IRRRL)

A streamlined process for refinancing an existing VA loan.

One-time
VA funding fee

Fee can be included in the loan amount, disabled veterans are exempt from the fee.

You were here for us,
now it’s our turn to be here for you

As your search for a new home begins, let us help you understand your borrowing options.

Ask an Expert

Who is eligible for a VA Loan?

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VISIT VA.GOV

Veterans who meet service length requirements
Service members on active duty who have served a minimum period
Certain Reservists and National Guard members
Certain surviving spouses of deceased Veterans

Calculators and tools for buying your home

Am I better off renting?

Determine if buying a home is better than renting, based on fees, taxes and monthly payments, and given insurance and tax fluctuations.

VIEW CALCULATOR

What home can I afford?

Estimate the home price you can afford by also factoring in your monthly income, expenses and specified mortgage rate.

VIEW CALCULATOR

How much can I borrow?

Calculate an estimated loan amount range and mortgage payments for conservative and aggressive underwriting scenarios.

VIEW CALCULATOR

VIEW ALL CALCULATORS

Buying your first home?

Know-how turns someday into moving day. Here is some helpful information you need to make informed decisions during the home buying process.

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Buying a home is a journey

Download the roadmap and get started. We’ll help you with the essentials – how much you’ll need for a downpayment, the type of mortgages available, and how to bring it all together in an efficient, cost-effective process. And don’t forget – when you’re ready, our mortgage experts are here to help.

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Save $500 on closing costs^*

*$500 credit will be applied at closing. This offer is only available for purchase transactions on owner occupied primary properties. Offer may be withdrawn at any time and may not be combined with other offers. Terms and conditions apply.

Ways to apply for a mortgage

Online

Start your mortgage process online. It's quick and easy!

APPLY NOW

Mortgage Expert

Contact a local mortgage specialist for help.

FIND NOW

Phone

Call 1-855-782-LEND (5363) to speak with a mortgage expert.

Call 1-855-782-5363

General Disclosures

Interest rates are subject to change at any time without notice.
Due to various federal, state and local requirements, certain products may not be available in all areas.
The actual Annual Percentage Rate (APR) and fees available to you may differ from the rates posted based on your credit history, loan amount, property type, product features, and loan to value ratio.
Applications subject to credit approval. Down Payments can be as low as 5% with Mortgage Insurance.
Payment does not include taxes and insurance. The actual payment amount will be greater.
Maximum loan amount may vary by county.

Mortgage & Home Equity Servicing Fees (PDF)

NMLS ID #464603