FAQs

A VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs, available to active-duty service members, veterans, and certain members of the National Guard and Reserves. It offers benefits like no down payment and no private mortgage insurance (PMI).

Veterans, active-duty service members, National Guard and Reserve members, and some surviving spouses are eligible for a VA loan. Eligibility depends on factors like service history and discharge status.

No. VA loans do not require high credit scores. With manual underwriting, qualified Veterans can be approved starting at 500 credit and higher. We review your full financial picture to determine eligibility, not just a score.

One of the biggest advantages of a VA loan is that it requires no down payment. This makes homeownership more accessible for veterans and active-duty service members.

Yes, there are closing costs, but the good news is that many of these costs can be covered by the seller, the lender, or even the VA itself in some cases. We help guide you through this process.

Yes, you can use your VA loan benefits multiple times. If you’ve used it before and paid off the loan, you can reuse your entitlement for another home purchase.

The approval process can take anywhere from a few days to several weeks, depending on the complexity of your application and the paperwork involved. We help streamline the process for you.

VA loans are intended for primary residences only. This includes single-family homes, multi-unit properties (up to four units), and certain condos that meet VA standards.

VA loans offer several benefits, including no down payment, no private mortgage insurance (PMI), competitive interest rates, and more lenient credit requirements compared to conventional loans.

Manual underwriting is a process where a lender evaluates your entire financial situation—such as income, debts, and assets—rather than relying solely on your credit score. This allows more flexibility for those with unique financial circumstances.

Yes, the VA offers a streamline refinance (also called an IRRRL) that makes it easier to lower your interest rate or switch from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage.

The VA doesn’t set a specific loan limit, but there are limits to how much the VA will guarantee. This can vary depending on where you live and whether you have remaining VA loan entitlement.

Yes, property taxes are typically part of your monthly mortgage payment and are held in escrow to ensure they are paid on time. However, if you are a certain % disabled from the VA, you may not need to pay taxes.

If you’re having trouble making payments, contact your lender as soon as possible. The VA offers assistance programs, and there are options to help you avoid foreclosure.

No, we are not a lender. We partner with a veteran-owned mortgage company to help guide you through the VA loan process. Our role is to provide you with expert advice, support, and the information you need to make the best decisions while connecting you with trusted professionals who specialize in VA loans.