VA Loans

A Home for Every Hero

You’ve served our country with dedication and sacrifice. Now let us help you take the next step toward homeownership.

VA loans are designed to make buying, building, or refinancing a home more affordable for eligible veterans, active-duty service members, and certain surviving spouses. At Great Plains Bank, we’re honored to help you use the benefit you’ve earned.

Why Choose a VA Loan?

Backed by the U.S. Department of Veterans Affairs, VA loans offer powerful advantages that can make homeownership more accessible.

Key Benefits:

  • No down payment required for qualified borrowers

  • No private mortgage insurance (PMI)

  • Competitive interest rates

  • Limited closing costs

  • Flexible credit guidelines

  • Options for purchase, refinance, or cash-out refinance

VA loans are designed to provide long-term affordability and stability for those who have served.

Who is eligible for a VA Loan?

 

Wartime/Conflict Veterans

  • Veterans who were NOT Dishonorably Discharged, and served at least 90 days
  • World War II – September 16, 1940 to July 25, 1947
  • Korean Conflict – June 27, 1950 to January 31, 1955
  • Vietnam Era – August 5, 1964 to May 7, 1975
  • Persian Gulf War - Check with the Veterans Administration Office
  • Afghanistan & Iraq – Check with the Veterans Administration Office
  • Veterans Administration website www.va.gov

Peacetime Service

At least 181 days of continuous active duty with no dishonorable discharge. If you were discharged earlier due to a service-related disability you should contact your Regional VA Office for eligibility verification.

  • July 26, 1947 to June 26, 1950
  • February 1, 1955 to August 4, 1964, or May 8, 1975 to September 7, 1980 (Enlisted), or to October 16, 1981 (Officer)
  • Enlisted Veterans whose service began after September 7, 1980, or officers who service began after October 16, 1981, must have completed 24-months of continuous active duty and been honorably discharged

Reserves and National Guard

  • Certain U.S. Citizens who served in the Armed Forces of a government allied with the United States during World War II.
  • Surviving spouse of an eligible Veteran who died resulting from service and has not remarried.
  • The spouse of an Armed Forces member who served Active Duty and was listed as a POW or MIA for more than 90-days.

Ready to get started? 

Apply for a home loan, be connected with an expert GPB home lender, and learn more about the home loan process.