$0 Down Payment
Eligible Veterans can purchase a home in Knoxville with absolutely no down payment. On a $300,000 home, that’s $60,000 you keep in your pocket — or use to furnish and settle into your new home.
🎖️ VA Home Loans · Knoxville, Tennessee
You served. Now buy a home in Knoxville with $0 down.
Keystone Mortgage is Knoxville’s trusted VA home loan lender. We help Veterans, active-duty service members, and surviving spouses use their hard-earned VA benefit to buy or refinance a home in Tennessee — with no down payment and no PMI.
$0 down payment
No monthly PMI
Flexible credit guidelines
VA IRRRL refinance available
Get My Free VA Quote
Or call: (865) 909-0211
$0Down Payment
No PMIEver
LocalKnoxville Team
VA Loan Advantages
The VA loan benefit is one of the most powerful in American homeownership.
Earned through your military service, a VA home loan offers advantages no conventional mortgage can match. Keystone Mortgage will show you exactly how to maximize your benefit in the Knoxville, TN market.
No Monthly PMI — Ever
VA loans never require private mortgage insurance, regardless of down payment. That can save Knoxville Veterans hundreds of dollars every single month compared to FHA or conventional loans with less than 20% down.
Flexible Credit Guidelines
VA loans offer more flexible credit qualifying standards than most conventional programs. Keystone Mortgage will review your full credit picture — including post-service financial challenges — to find the best path forward.
VA IRRRL Streamline Refinance
Already have a VA loan? The VA IRRRL lets you lower your rate with minimal paperwork and no new appraisal in most cases — one of the simplest refinance options available to Tennessee Veterans.
VA Cash-Out Refinance
Access your home’s equity to pay off debt, fund home improvements, or cover major expenses. Available to eligible Veterans in Knoxville even if your current loan is not a VA loan.
Reusable Benefit & No Loan Limits
Veterans with full entitlement have no loan limit with $0 down. Your VA benefit can also be used more than once. Keystone Mortgage will review your entitlement and explain exactly what you qualify for today.
Who Qualifies?
VA loan eligibility in Tennessee — do you qualify?
Most Veterans, active-duty service members, National Guard and Reserve members, and eligible surviving spouses qualify for a VA home loan. Keystone Mortgage will verify your eligibility and obtain your Certificate of Eligibility (COE) for free.
🎖️ VA Eligibility — Service Requirements
Active Duty90 continuous days
Wartime Veteran90 days active service
Peacetime Veteran181 days active service
National Guard / Reserve6 years of service
Surviving SpouseMay be eligible
Certificate of EligibilityWe obtain it free for you
💡 VA vs. Conventional — Quick Comparison
Down PaymentVA: $0 · Conv: 3–20%
Monthly PMIVA: None · Conv: Required
Credit FlexibilityVA: More flexible
Funding FeeVA: One-time (waived for some)
Seller ContributionsVA: Up to 4%
Best ForVeterans & service members
VA loans are offered by private lenders and guaranteed in part by the U.S. Department of Veterans Affairs. Keystone Mortgage is not affiliated with or acting on behalf of the VA or any other government agency. Not all borrowers will qualify. Terms subject to change.
The Process
Your Knoxville VA loan — from first call to closing day.
Using your VA benefit should be straightforward. Keystone Mortgage handles the complexity so you can focus on finding the right home in Knoxville — not the paperwork.
1
Free Consultation
Call us or fill out the form. We’ll confirm your VA eligibility and obtain your Certificate of Eligibility (COE) at no cost to you.
2
Get Pre-Approved
We review your income and credit and issue a VA pre-approval letter so you can shop Knoxville homes with full confidence.
3
Find Your Home
Work with your real estate agent to find the right property. We’ll coordinate with them and manage the VA appraisal process.
4
Close & Move In
We guide you through underwriting and answer every question — getting you to the closing table on time, every time.
Why Keystone Mortgage
Knoxville’s local VA mortgage team — we know your benefit inside and out.
Not all lenders understand the VA loan process — the entitlement calculations, the COE, the VA appraisal requirements. Keystone Mortgage does. When you call us, you talk to a real Knoxville team member who has helped Veterans across East Tennessee navigate every step.
Matt Padgett and the Keystone Mortgage team are honored to serve those who served our country. We’ve helped Veterans and military families across Knox, Blount, Anderson, and Sevier counties achieve homeownership using the benefit they earned.
Licensed VA lenders in Tennessee and Florida (NMLS #153790)
We obtain your Certificate of Eligibility (COE) for free
Experienced with VA appraisal requirements and MPR standards
VA IRRRL and cash-out refinances handled start to finish
Direct access to your loan officer — no call centers, ever
Fast responses — most Veterans hear back within one business day
Serving Veterans across East Tennessee:
Knoxville
Maryville
Oak Ridge
Sevierville
Morristown
Lenoir City
Farragut
Clinton
Alcoa
Harriman
Jefferson City
Newport
All of East Tennessee
Ready to use your VA benefit?
Call Matt Padgett and the Keystone Mortgage team today — we’ll confirm your eligibility and walk you through your options at no cost and no pressure.
(865) 909-0211 — Call NowCommon Questions
VA loan questions — answered by your Knoxville team.
Still have questions about VA home loans in Knoxville? Here are the ones we hear most often. Don’t see yours? Call us at (865) 909-0211.
Veterans, active-duty service members, National Guard and Reserve members, and eligible surviving spouses may qualify for a VA home loan in Tennessee. Minimum service requirements vary by era and status. Keystone Mortgage will help you confirm eligibility and obtain your Certificate of Eligibility (COE) at no cost to you.
Yes. Eligible VA borrowers with full entitlement can purchase a home in Knoxville with $0 down payment. This is one of the most powerful benefits of the VA loan program and can save tens of thousands of dollars compared to conventional financing — money that stays in your pocket.
Veterans with full VA entitlement have no loan limit with $0 down — you can finance any amount a lender is willing to approve. If you have reduced entitlement because you have an active VA loan, limits may apply. Contact Keystone Mortgage at (865) 909-0211 and we’ll walk through your specific entitlement situation at no charge.
The VA funding fee is a one-time fee that helps keep the VA loan program running for future Veterans. It ranges from 1.25% to 3.3% depending on your down payment and whether it’s your first VA loan use. Importantly, the funding fee is waived entirely for Veterans with a service-connected disability rating. Keystone Mortgage will confirm whether you are exempt before you close.
The VA Interest Rate Reduction Refinance Loan (IRRRL), also called a VA Streamline Refinance, lets existing VA loan holders lower their interest rate with minimal paperwork. In most cases there’s no new appraisal required, no income verification, and it can often be done with little to no out-of-pocket costs. If you have a VA loan and rates have dropped, this could save you significantly every month.
Yes. Your VA home loan benefit is not a one-time use. If you’ve paid off a previous VA loan and sold the property, your entitlement is typically restored in full. You can also have two VA loans at the same time under certain circumstances. Keystone Mortgage will review your entitlement history and explain exactly what’s available to you today.
