Requirements | VA Loans For Vets | Page 5 of 8

Requirements

Can a VA Loan Be Used for a Second Home?

Moving around is a fact of life for many service members and their families. The VA attempts to make the process simple but there are some guidelines in place about what type of homes you can use your benefits to...
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Can a Surviving Spouse Get a VA Loan?

A VA loan is a unique type of mortgage that is guaranteed by the U.S. Department of Veterans Affairs (VA) specifically for service members. In the devastating event that a veteran or service member passes away, the surviving spouse may...
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Can You Get a VA Loan with Bad Credit?

Buying a home is both exhilarating and somewhat overwhelming, especially when you begin to look at your financing options. If you have served in the military, or are a surviving spouse of someone who served, you may qualify for a...
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Are VA Loans Assumable? A Guide to Assuming a VA Loan

Yes, VA loans are assumable. However, they do come with specific requirements and important considerations for both the buyer and the seller. If you’re interested in assuming a VA loan or having your VA loan assumed by someone else, keep...
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VA Minimum Property Requirements (MPRs) for Home Loans

Are you a veteran or actively serve in the US military? Your military service has earned you benefits. One of these is the opportunity to buy a home with a VA home loan. The VA home loan has a low...
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VA Residual Income Chart and Guidelines

If you are considering buying a home and are interested in applying for a VA loan, you may wonder whether you will qualify. It is essential to understand the different factors that may affect your eligibility. While your financial history...
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