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1. www.va.gov › home-loans › loan-typesPurchase Loan | Veterans Affairs

   www.va.gov › home-loans › loan-types

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   Oct 12, 2022 · If you qualify for a VA-backed purchase loan, you can use the loan to: Buy a single-family home, up to 4 units. Buy a condo in a VA-approved project. Buy a home and improve it. Buy a manufactured home or lot. Build a new home. Make changes or add new features (like solar power) to make your home more energy efficient.

2. www.benefits.va.gov › HOMELOANSVA Home Loans Home

   www.benefits.va.gov › HOMELOANS

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   Limited closing costs. No need for Private Mortgage Insurance (PMI) The VA home loan is a lifetime benefit : you can use the guaranty multiple times. Benefits. Purchase Loans Help you purchase a home at a competitive interest rate often without requiring a downpayment or private mortgage insurance.

3. www.benefits.va.gov › homeloans › faq_eligibilityEligibility Frequently Asked Questions - VA Home Loans

   www.benefits.va.gov › homeloans › faq_eligibility

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   A: The unmarried surviving spouse of a veteran who died on active duty or as the result of a service-connected disability is eligible for the home loan benefit. If you wish to make application for the home loan benefit as a surviving spouse, contact our Atlanta Eligibility Center. In addition, a surviving spouse who obtained a VA home loan with ...

4. www.va.gov › housing-assistance › home-loansVA Home Loan Limits | Veterans Affairs

   www.va.gov › housing-assistance › home-loans

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   Dec 20, 2023 · If you have full entitlement, you don’t have a home loan limit. Eligible Veterans, service members, and survivors with full entitlement no longer have limits on loans over $144,000. This means you won’t have to pay a down payment, and we guarantee to your lender that if you default on a loan that’s over $144,000, we’ll pay them up to 25 ...

5. www.benefits.va.gov › homeloans › purchaseco_buyBuying Process - VA Home Loans - Veterans Affairs

   www.benefits.va.gov › homeloans › purchaseco_buy

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   Jan 17, 2024 · This person will coordinate the date/time and the property is transferred. If you have any questions during the process that the lender can't answer to your satisfaction, please contact VA at your Regional Loan Center by calling 1-877-827-3702, with hours of operation from 8am to 6pm EST. return to top.

6. www.veteransunited.com › valoans › understanding-theVA Loan Inspection Requirements: The Complete List of the VA MPRs

   www.veteransunited.com › valoans › understanding-the

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   Home inspection costs vary by location, home size and property type. According to the U.S. Department of Housing and Urban Development, anywhere from $300 to $500 for a home inspection is typical. Check if you meet the official VA loan requirements.

7. www.nerdwallet.com › article › mortgagesVA Loan Requirements and Eligibility Guidelines 2023 - NerdWallet

   www.nerdwallet.com › article › mortgages

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   Dec 12, 2023 · Backed by the U.S. Department of Veterans Affairs, VA loans are a benefit for active-duty and veteran service members and some surviving spouses. You're eligible to apply for a VA loan if: You are ...