VA loans are a fantastic benefit for eligible veterans, active-duty service members, and certain surviving spouses. Here are the key requirements:

Eligibility Criteria:

1. Service Requirements:
   • At least 90 consecutive days of active duty during wartime.
   • At least 181 days of active duty during peacetime.
   • 6 years in the Reserves or National Guard, or 90 consecutive days under Title 32 orders (30 of which must be consecutive).
   • Surviving spouses may qualify if their service member spouse died in service or due to a service-connected disability.
2. Certificate of Eligibility (COE):
   • You’ll need a COE to prove your eligibility. This can be obtained through the VA or your lender.
3. Credit and Income Requirements:
   • While the VA doesn’t set a minimum credit score, lenders often require a score of 620 or higher.
   • You must have sufficient income to cover the loan and meet lender-specific debt-to-income ratio requirements.
4. Occupancy:
   • The home must be your primary residence.
5. Property Requirements:
   • The property must meet minimum standards set by the VA, ensuring it’s safe, sound, and sanitary.

Get Approved for a VA Loan