No Lender Fees on VA Loans:
A Big Win for Gulf Coast Buyers.

If you have served, or you are serving now, the VA loan is one of the best benefits in your corner. And right now it is even better than usual: a lender I trust is waiving his fees on VA loans through the end of the year, which makes buying on the Mississippi Gulf Coast a little easier on your budget.

What “no lender fees” really means.

On a typical mortgage, the lender collects an origination fee, a processing fee, an underwriting fee, and a stack of closing costs. Those add up to real money at the closing table. Through this offer, Bill Hammack (NMLS 146039) at PrimeLending is waiving the lender fees entirely: no origination, no processing, no underwriting, and no closing costs from the lender. On a VA purchase, that is money that stays in your pocket instead of changing hands at signing.

No down payment, no PMI.

Based on your VA eligibility, many buyers finance 100% of the purchase price, so there is no down payment to save up for. And because the VA backs the loan, there is no private mortgage insurance either. PMI is the monthly charge conventional buyers pay when they put less than 20% down, and VA borrowers skip it entirely. No down payment, no PMI, and the numbers on a Gulf Coast home start to look a whole lot friendlier.

Lower interest rates on top of it.

VA loans also come with lower interest rates than comparable conventional loans, because the VA guarantee lowers the lender’s risk. Put that together with no lender fees, no down payment, and no PMI, and the monthly payment on a home from Gulfport to Ocean Springs can look very different from what a conventional loan would require.

The fine print, honestly.

Because it is my job to tell you what I really think, here is the fine print: the waivers cover the lender’s own fees. You are still responsible for the third party fees, including the VA funding fee, title work, and the appraisal. Those charges come from outside the lender, and they are part of any VA closing. Know them before you start, and there are no surprises at the table.

This is where working with an experienced broker can really pay off. In my transactions, I regularly negotiate for the seller to cover some or all of these third-party closing costs, and my VA buyers have often left the closing table with more cash in their pocket than they expected. Every deal is different, and nothing is ever guaranteed, but it never hurts to ask, and I will always ask for you.

What if the home needs work? VA renovation loans.

Not every home on the Coast is move-in ready, and that is where a VA renovation loan shines. You can buy a home that needs updating and roll the cost of the work into one mortgage, instead of juggling a house payment and a separate loan. When it comes to VA loans and VA renovation loans, Bill is my go-to, and he makes renovation loans simple. It is a smart way to buy a little more home for the same payment, and his team walks borrowers through it step by step.

There is a deadline.

This offer runs through the end of the year. To take advantage of it, you need to apply for the loan by December 31, 2026. That gives you the winter months to get the process started, which is also a good time to buy on the Coast, when there is less competition than the spring rush.

If you are moving to the Coast on orders, my notes on relocating with the military walk through BAH, buying versus renting, and starting the search before you land. And when you are ready to talk numbers, I am one message away through the contact page.