FHA & VA Mortgages

Make your dreams of homeownership a reality

RBFCU and our affiliate company, Domain Mortgage, know that the homebuying process might seem overwhelming, especially for first-timers. If you're looking for a more affordable path to homeownership and navigating some of the traditional buyer's hurdles — like down payment requirements — our affiliate company, Domain Mortgage, has options to help you find the mortgage loan you need.

An FHA loan is a mortgage loan insured by the Federal Housing Administration. A VA loan is designed for military members, veterans and surviving spouses, and is guaranteed by the Veterans Affairs Department. These loans provide buyers, including first-time homebuyers, with additional lending options.

To speak with a Loan Officer about FHA and VA loans, call Domain Mortgage at 1-833-552-7759.

FHA - 30 year
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FHA - 15 year
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VA - 30 year
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VA - 15 year
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FHA loans and VA loans are offered through RB Mortgage LLC dba Domain Mortgage NMLS# 862516.

Which mortgage loan fits my needs — an FHA or a VA loan?

FHA loan

VA loan


Life stage + -

FHA loan

  • First-time homebuyer
  • Seeking a loan option with a lower down payment
  • Seeking to use gift funds as a down payment
  • Concerned about debt-to-income ratio

VA loan

  • Service member, veteran, surviving spouse
  • Would like to secure a loan without a down payment requirement
  • Concerned about debt-to-income ratio
Low down payments + -

FHA loan

Available down payment option as low as 3.5 percent of the purchase price

VA loan

Up to 100 percent financing with no down payment for qualified veterans, active-duty personnel, reservists and eligible family members

Low closing costs + -

FHA loan

Seller can pay up to 6 percent of the closing costs, and closing costs can come from gifts

VA loan

Seller can pay up to 6 percent of the closing costs, and closing costs can come from gifts

  • What is the difference between a conventional mortgage and an FHA mortgage?
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    FHA and Conventional mortgages each have their advantages; however, their qualification requirements differ. Conventional loans typically follow conservative guidelines for credit scores, minimum down payments and debt-to-income ratios. FHA loans are insured by the U.S. Department of Housing and Urban Development (HUD). These types of loans are ideal for first-time homebuyers seeking a loan with lower down payments. FHA loans also provide homebuying opportunities for individuals with higher debt-to-income ratios. A mortgage loan officer can help you decide which option is best for you. For more information, visit the RBFCU Mortgage Purchase page.

  • What is an FHA mortgage?
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    Administrated by the Federal Housing Administration (FHA), a U.S. government agency, an FHA mortgage is designed to provide low down-payment financing. It is a great option to consider if you are trying to finance a home with as little cash down as possible. FHA loans provide homebuying opportunities for individuals with higher debt-to-income ratios.

  • Can I refinance an FHA loan to a conventional loan?
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    Yes, our Mortgage Lending Specialists can help you determine whether a move to a conventional loan might be advantageous to you.

  • What is a VA mortgage?
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    Administrated by the U.S. Department of Veterans Affairs (VA), a VA loan allows qualified service members, veterans and surviving spouses the opportunity to purchase a home with special financing options.

  • How do I obtain a Certificate of Eligibility (COE) to apply for a VA loan?
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    Fill out VA Form 26-1880 (you can get the form here). You can also contact the VA or ask one of our Domain Mortgage Representatives to provide the form to you.


Still have mortgage questions?

Loans subject to credit approval. Rates and terms subject to change without notice. Mortgage loans are available only on property in Texas. Origination fees may apply. RBFCU NMLS# 583215. FHA/VA loans offered through RB Mortgage LLC dba Domain Mortgage (NMLS# 862516). RB Mortgage LLC dba Domain Mortgage is principally owned by RBFCU Services LLC. RBFCU Services LLC is affiliated with Randolph-Brooks Federal Credit Union.

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