These Veteran home loans were developed to accommodate the busy lifestyle of military personnel. If you know you are going to own your home for less than five years, these may be good loan options for you.

In general, 3/1 and 5/1 ARM Veteran home loans have a significantly lower interest rate for a limited amount of time. This lower rate helps keep your monthly payments smaller than 15- and 30-year mortgages.

VAMortgage.com offers these home loans with no down payment and no closing costs (some restrictions apply).

3/1 ARM Veteran Hybrid Home Loans

This loan provides a low interest rate that will not change for the first 36 monthly payments. After 36 months, your rate may adjust (ARM stands for Adjustable Rate Mortgage) every month. The interest rate cannot increase or decrease more than five percentage points over the entire term of the loan.

5/1 ARM Veteran Hybrid Home Loans

The 5/1 ARM is a simple variation of the 3/1 ARM. This loan locks in a low interest rate for 60 months. The longer duration of the interest rate is attractive to veterans and active military personnel who plan to live in their homes for more than three years and less than five.