VA Home Loan Requirements | VA Mortgage in San Antonio

You must have satisfactory credit, income, and a valid Certificate of Eligibility (COE) for a VA-guaranteed home loan. The home cannot be used as an investment  property, it must be a personal home.

VA home loans can be used to:

  • Buy a home, a condominium unit in a VA-approved project
  • Build a home
  • Purchase and improve a home
  • Improve a home by installing energy-related features or making energy efficient improvements
  • Buy a manufactured home and/or lot
  • To refinance an existing VA-guaranteed or direct loan for the purpose of a lower interest rate
  • To refinance an existing mortgage loan

The requirements vary so the best way to know if you would be eligible for a VA loan would be to check the VA website. The list is online and easy to understand.