VA Home Loans Eligibility Requirements, Rates, Loan Amounts and Funding Fees

Veterans Affairs (VA) home loans are mortgages that are insured by the VA. The loans are made by mortgage lenders and banks. Service members, veterans, - and eligible surviving spouses may qualify for VA home loans. Note that this post is ONLY about home purchase loans utilizing VA loans - same guidelines may not apply for VA refinance or Interest Rate Reduction Loans (VA IRRLs). Who qualifies to get a VA Home Loan? Eligibility is based on the veteran's length and type of military service. Generally speaking, VA determines that veterans who fulfill…
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