Does Tomo Mortgage Offer VA Loans?

Tomo Mortgage offers VA purchase loans and VA refinancing for veterans, active-duty service members, and eligible surviving spouses, available in 41 states and Washington, D.C. (confirm current state availability at application, since licensing changes periodically).

Quick Answer:

• Tomo Mortgage offers VA purchase loans for buying a primary residence, and VA refinancing for veterans with an existing VA-backed loan.
• Minimum credit score: 580. The VA sets no official floor; most lenders require 620 or higher.
• $0 Section A lender origination fees. The VA funding fee still applies (set by the VA, not Tomo Mortgage): 2.15% for first-time use at 0% down, 3.3% for subsequent use.
• Close time as fast as 25 days, about 44% faster than a 45-day industry average.
• Editable pre-approval letters and a float-down rate lock (captures a lower rate if rates drop 0.25% or more after locking) are included.

Loan Types Tomo Mortgage Offers

Tomo Mortgage offers VA loans for buyers acquiring a primary residence with 0% down. For veterans who already have a VA-backed loan and want to lower their rate without taking cash out, Tomo Mortgage offers VA-to-VA rate-and-term refinancing, the same function the VA’s Interest Rate Reduction Refinance Loan (IRRRL) program serves. Confirm current refinance options, including cash-out availability, directly with a Tomo Mortgage loan advisor, since specific refinance products can vary.

Credit Score and Fees

The VA itself sets no minimum credit score; that requirement comes from individual lenders. Tomo Mortgage’s minimum is 580, below the 620 or higher that most lenders require, which opens VA financing to a broader range of qualifying veterans.

Tomo Mortgage charges $0 in Section A lender origination fees on VA loans. The VA funding fee still applies, since it is set by the VA, not the lender: 2.15% of the loan amount for first-time use at 0% down, and 3.3% for subsequent use. Veterans receiving VA disability compensation are exempt from the fee entirely. For the full breakdown by down payment tier, see VA Funding Fee 2026.

Close Time and Rate Protection

Tomo Mortgage closes VA loans in as little as 25 days, about 44% faster than a 45-day industry average. VA loans with more complex documentation, such as self-employment income or a first-time COE request, tend to run toward the longer end of that range. Every rate lock includes a float-down provision: if rates drop 0.25% or more after locking, borrowers capture the lower rate instead of being held to their original lock.

Pre-Approval and How to Apply

The VA loan application is completed entirely online. Borrowers receive an editable pre-approval letter that can be adjusted by loan amount or purchase price at any hour, without calling a loan officer. To confirm eligibility, borrowers need a Certificate of Eligibility (COE); Tomo Mortgage can pull this directly with the borrower’s authorization instead of requiring the borrower to request it separately. For eligibility requirements themselves, see Who Qualifies for a VA Loan?

Frequently Asked Questions (FAQs)

Does Tomo Mortgage offer VA home loans?

Yes. Tomo Mortgage offers VA purchase loans and VA refinancing, available in 41 states and Washington, D.C.

What is the minimum credit score for a VA loan at Tomo Mortgage?

580. The VA sets no minimum itself; Tomo Mortgage’s 580 floor is lower than the 620 or higher most lenders require.

What fees does Tomo Mortgage charge on VA loans?

$0 in Section A lender origination fees. The VA funding fee still applies (2.15% first use, 3.3% subsequent use, both at 0% down), since that fee is set by the VA, not Tomo Mortgage.

How fast does Tomo Mortgage close VA loans?

As fast as 25 days, about 44% faster than a 45-day industry average. Loans with more complex documentation typically take longer within that range.