Start before you arrive
Apply online and get pre-approved from wherever you're stationed now (subject to credit approval), so you can move quickly when you're house-hunting in Clovis or Portales.
VA Loans · Clovis, NM · Cannon AFB
VA loans for Cannon AFB service members & Clovis-area VeteransYou've earned this benefit.
Most of the VA loans I close are for Cannon Air Force Base service members and their families. I'll help you understand your entitlement, your options, and the timeline, from your first call to closing day.
Why Veterans choose VA financing
- No down payment required for eligible borrowers (VA)
- No monthly mortgage insurance
- Competitive interest rate options
- One-time funding fee, with exemptions for some Veterans
Subject to VA guidelines, entitlement, credit approval and property requirements.
Cannon AFB & the Clovis/Portales area
Made for PCS moves and tight timelines
Cannon Air Force Base sits just outside Clovis, in Curry County. If you have orders to Cannon or you're already stationed here, here's how I help.
BAH & military income
Lenders commonly consider military pay and allowances such as BAH. I'll tell you exactly what documentation to gather, like your LES and PCS orders.
Certificate of Eligibility
I can help you request your COE and review your entitlement, including if you've used your VA benefit before.
Homefront with Dustin and Neighborhood Loans are not affiliated with or endorsed by the U.S. Air Force, Cannon AFB, the Department of Defense, or the Department of Veterans Affairs.
How it works
Your VA loan, step by step
Talk it through
A quick call to review your goals, timeline and benefit.
Get your COE
We confirm your eligibility and entitlement.
Apply & get pre-approved
Apply online; I'll guide you through documents and approval.
Shop & close
Make offers with confidence, then close on your new home.
VA mortgage calculator
Estimate your VA loan payment
Includes the VA funding fee (first use, subsequent use, or exempt), 0% down, and no monthly mortgage insurance.
VA Loan Payment Calculator
Estimate only. Enter your own rate.Estimated total monthly payment
Enter your interest rate to see your estimate
- Principal & interest—
- Second loan payment$0
- Property taxes$0
- Homeowners insurance$0
- HOA$0
- Mortgage insurance$0
- Loan amount—
- Fee$0
- Down payment—
- Loan-to-value—
This calculator provides estimates for educational purposes only. It is not a loan offer, rate quote, Loan Estimate, pre-qualification, or commitment to lend. It uses only the interest rate and other figures you enter; no rate is quoted by this tool. Your actual payment will differ based on your credit, the property, taxes, insurance, loan program rules and other factors. All loans are subject to credit approval. Programs, rates, terms, and conditions are subject to change without notice. Other restrictions apply.
VA funding fee source: rates shown are for purchase loans for Veterans, active-duty service members, and National Guard and Reserve members (first use: less than 5% down 2.15%, 5% or more down 1.5%, 10% or more down 1.25%; after first use: less than 5% down 3.3%, 5% or more down 1.5%, 10% or more down 1.25%; exempt: 0%), per the VA funding fee rate charts (effective April 7, 2023; page last updated October 5, 2026). The fee is a percentage of the loan amount, not the purchase price. Other VA loan types (IRRRL, Native American Direct Loan, manufactured homes, assumptions) have different fees. VA loans do not require monthly mortgage insurance. Not endorsed by or affiliated with the U.S. Department of Veterans Affairs. Verify current rates at va.gov.
Questions
VA loan FAQs
Who can get a VA loan?
VA home loans are available to eligible Veterans, active-duty service members, certain National Guard and Reserve members, and some surviving spouses. Eligibility is documented with a Certificate of Eligibility (COE), and I can help you request yours. Details are on VA.gov.
Do I need a down payment with a VA loan?
The VA home loan program doesn't require a down payment or monthly mortgage insurance for eligible borrowers, according to VA. Some situations, such as partial entitlement or a purchase price above the appraised value, can change that, so I'll look at your specific scenario.
What is the VA funding fee, and can I be exempt?
The VA funding fee is a one-time fee on a VA-backed loan that helps lower the cost of the program for taxpayers. It's based on the loan amount, the type of loan, whether it's your first use of the benefit, and your down payment. You can pay it at closing or finance it into the loan. Veterans who receive VA compensation for a service-connected disability, and certain others, are exempt. See VA's funding fee page, and use the calculator above to see how each option affects your estimate.
I'm PCS'ing to Cannon AFB. Can I start before I arrive?
Yes. Many service members begin the process before they arrive in Clovis. We can review your income, entitlement and goals, request your COE, and get you ready to make an offer when you're on the ground, subject to credit approval and property approval. Call or text me and we'll build a plan around your orders.
Does BAH count toward qualifying for a VA loan?
Lenders commonly consider military pay and allowances, such as Basic Allowance for Housing (BAH), when evaluating income. I'll tell you exactly what documentation is needed, such as your Leave and Earnings Statement (LES), so there are no surprises.
Can I use my VA loan benefit more than once?
Yes. VA loan entitlement can be used more than once under certain conditions, and the funding fee schedule differs for subsequent use. If you've used your benefit before, tell me about it and I'll help you see where you stand.
Learn more at VA.gov home loans and Neighborhood Loans programs. Information is general and subject to change; all loans are subject to credit approval.
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Ready to use your VA benefit?
Apply online in minutes, or call or text me directly. I'll help you understand your options and walk you through every step.
Dustin Caroland, NMLS #2175597 · Neighborhood Loans, Inc. NMLS #222982. Equal Housing Lender.