Question 1

Do I really qualify for $0 down?

Accepted Answer

Most eligible veterans and service members can buy with no down payment, up to the limits of their entitlement. We'll confirm your specific situation when we review your Certificate of Eligibility.

Question 2

What is the VA funding fee?

Accepted Answer

It's a one-time fee that helps keep the VA program running. The amount depends on your down payment and whether you've used your benefit before, and some veterans are exempt. We'll show you your exact figure.

Question 3

Can I use my VA benefit more than once?

Accepted Answer

Yes. Your VA entitlement can be restored and reused on future home purchases once your prior VA loan is paid off or under certain conditions. It's not a one-and-done benefit.

Question 4

How do I get my Certificate of Eligibility?

Accepted Answer

We can help you request it directly, in most cases within the same process as your pre-approval, so you don't have to chase down paperwork on your own.

Question 5

What property types can I buy with a VA loan?

Accepted Answer

A VA loan can buy a single-family home, a VA-approved condo, a townhome, or a 2–4 unit property as long as you live in one unit. The home has to be your primary residence — VA isn't for pure investment property — and it must pass the VA appraisal. Manufactured homes are allowed, but only a limited set of lenders finance them, so tell us early and we'll line one up.

Today's sample VA loan rates