Skip to content

Are you eligible for a VA home loan? - Brian McCarty's Blog - Allied Mortgage Group, Inc.

Education Center


42248320 - soldier returning home and greeted by wifeThe VA home loan program is one of the most flexible and attractive ways to finance a home today. There’s no set downpayment requirement, no private mortgage insurance and rates are lower compared with some other types of loan programs. It’s also one of the most underutilized types of mortgages due to several common misconceptions.

For starters, many veterans don’t think they served recently enough or for long enough to qualify. Eligibility for a VA home loan is based on the length of time served, and the period in which you served. But the time requirement is less than you might think. And it doesn’t matter when you served. For instance, an Army veteran with at least 90 days in service around the time of the Vietnam War is likely eligible. Surviving spouses of those who were killed while serving our country and who haven’t remarried may be eligible as well.

Other people don’t realize that even if you don’t have a VA home loan currently, you may be able to refinance into a VA mortgage, provided you are eligible.

Still others believe the program only applies to the purchase of single-family homes and don’t realize that they can purchase a condominium with a VA home loan. In fact, you can buy many types of properties with a VA loan. Single-family homes are the most common, but homes with up to four units, condominiums, town homes and manufactured homes that meet certain criteria may be eligible as well.

We can help you learn more about the VA home loan program and check if you’re eligible.


Equal Housing Lender McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams Mortgage Company Websites - Powered by Lending Manager Rating and Review Social Survey Reviews

Back to top Skip to Navigation