Is that Household Eligible for a good Va Financing?

In manners, new Virtual assistant home loan try an adaptable and you will reasonable solution to purchase a property. Including a basic household get, the fresh new Virtual assistant guaranty enables the fresh new build and even specific condos. Its not all residence is gonna pass muster to have Va qualifications. Let’s go through the criteria.

Veterans may only buy a house that they want to occupy. A good Virtual assistant Loan can not be always get industrial properties, property that you intend to purchase so you can lease to another individual otherwise get because a good investment so you’re able to flip and resell. (more…)