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VA loan property requirements Again, the VA doesn’t impose home inspection requirements (but you should get one yourself to ensure you know the condition of the property you’re buying).
The VA does not require a home inspection and doesn’t impose requirements on home inspections. Regardless, a home inspection is an important step toward ensuring that your desired property is ...
Learn more: VA loan requirements for 2024. VA home loan pros and cons. ... (However, you can buy up to a four-unit property with a VA loan as long as one unit is your primary residence.) In ...
A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...
Meeting VA Loan Requirements. Even with a VA loan, the borrower must still meet the lender’s credit and income requirements so borrowing money to buy a home is not a guarantee, but having a VA ...
A VA loan is a mortgage for members of the military, veterans and their spouses that allows the borrower to buy a home without a down payment, and often at a favorable interest rate.
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