Frequently Asked Questions About VA Home Loans
Get answers to common questions about VA loans, eligibility requirements, and the application process
Understanding VA Home Loans
VA home loans are mortgage loans backed by the U.S. Department of Veterans Affairs, designed specifically for veterans, active duty service members, and eligible surviving spouses. These loans offer significant advantages over conventional mortgages, including no down payment requirement, no private mortgage insurance (PMI), and competitive interest rates.
2024 Updates
Base loan limit increased to $726,200 in most counties
Current Rates
Average VA rates remain competitive with conventional loans
Who's Eligible
Veterans, active duty, and eligible surviving spouses
Quick Navigation
VA Loan Basics
Eligibility Requirements
Application Process
Costs & Fees
VA Loan Benefits
Ready to Start Your VA Loan Journey?
Our VA loan specialists are here to answer your questions and guide you through the process.
Important Notice
The information provided here is for general guidance only. Actual loan terms, rates, and requirements may vary based on individual circumstances, lender requirements, and current VA guidelines.
Factors that may affect your loan include:
- Credit score and history
- Current market conditions
- Property type and location
- Lender-specific requirements
- Changes in VA policies
We recommend consulting with a VA-approved lender for guidance specific to your situation. All loans are subject to credit approval and property requirements.
Last Updated: 5/6/2025 | Information based on current VA guidelines