About the loans

What you need to know

TIAA Bank is pleased to offer Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) loans to eligible homebuyers across the country.

FHA loans

With low down payment requirements and low closing costs, FHA loans can be a great solution for first-time homebuyers looking to minimize out-of-pocket expenses.

  • Down payments as low as 3.5%
  • May qualify even with a lower credit score
  • Fixed rate and ARM loans available
  • Gifted funds may be applied to down payment and/or closing costs

VA loans

We’re extremely proud to offer VA loans to veterans, active members of the military, reservists and surviving spouses who have not remarried.

  • No down payment required
  • May qualify even with a lower credit score
  • Range of fixed rate loan terms available
  • Mortgage insurance not required
  • Gifted funds may be applied to down payment and/or closing costs