answersLogoWhite

0

The first requirement to obtain a VA loan is that you must be a veteran or current member of a branch of the United States Military. If discharged, it must have been an honorable discharge.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

How much time of service time is required for a VA loan?

Six years or an overseas deployment


How qualify for a VA loan?

To qualify for a VA loan, a person must be have either 4 years of active duty or 6 years of Reserve military service and have an honorable discharge. A DD 214 is required.


Who's eligible for a VA-backed loan?

So, a VA loan is made for people who’ve served or are serving in the military, you know? That includes veterans, active-duty members, some National Guard or Reserve folks, and even certain surviving spouses. The main thing is having a valid Certificate of Eligibility (COE), which shows you meet the service requirements. What’s cool is that VA loans usually don’t need a down payment and have easier credit guidelines. It’s a way to help those who’ve served get into homes without the heavy costs of a regular mortgage. At Altfn, you can check out all the details and see how to get started with your VA-backed loan process in a simple, stress-free way.


Does the VA guarantee their mortgage loans?

Yes, a VA mortgage loan is guaranteed. A VA loan is a mortgage loan guaranteed by the US Department of Veterans Affairs.


What qualifications do I need to have to be able to apply for a VA loan?

What are the qualifications do I need to have for a home repair grant. What qualifications do I need to apply for a VA loan? grant for a home needed for auto loan WHAT QUALIKFICATIONS DO I NEED TO HAVE TO BE ABLE TO APPLY FOR A VA LOAN what qualifications do i need to have to be able to alpply for a va loan be a veteran


Can I qualify for a VA backed home loan again?

Typically a VA loan is only available once per individual. If you have a spouse who is a veteran and has not used a VA loan, he or she may be able to take out a loan under his/her name.


where can i get a small start up va business loan ?

Where can i get a small start up va business loan.


What's VA loan and how to apply for a VA loan?

Go to VA.Gov and look for benefits on the website. A va loan has the lowest interest rate I can think of.paspdjfkkkjkntkjtnk.sdfkj;adfg;lakshdfl;gk.flgkjsadf;lgj.


Are you a veteran who can use a VA Loan?

No, I am not a veteran who can use a VA Loan. However, if you are looking to reach a large amount of veterans, theveteransbusinessdriectory.com is an excellent source of veterans who might be in need of a VA loan.


Where can one find an interactive VA loan calculator?

VA loan calculators can be found on many different places online. One should try VA Loan Captain, FHA, Info and VA Loan Resources. One can find much more information on these sites as well.


What is the definition of a VA mortgage loan?

The definition of a VA mortgage loan is a loan that is guaranteed by the Veterans Administration. The purpose of this loan is to assist veterans and their families in obtaining home financing.


How does a bridge loan work?

how does a construction loan work to bridge it to a VA. loan?