
How do I qualify for a VA loan
VA loans have been in existence since 1994, following the end of World War II. First, veterans need to find a VA lender and prequalify. The criteria is based on the individual's income, credit entitlement and other financial factors. Next , the veteran will get an estimate of how expensive a house they can afford. VA loans are primarily designed for “move-in-ready” single-family condo, modular home or some multi-unit properties. Once the veteran is under contract, their lende