VA Loan Com: Everything You Need to Know

Welcome to our comprehensive guide on VA loans. If you’re a veteran or active-duty military member, you may qualify for a VA loan, which can help you achieve the dream of homeownership. VA loans are an excellent option for those who want to purchase a home with no down payment and a competitive interest rate. In this article, we’ll provide you with all the details on VA loans and answer some common questions you may have.

What is VA Loan Com?

VA Loan Com is a platform that helps veterans and active-duty military members obtain VA loans for purchasing homes. The company has been operating for several years and has a network of VA-approved lenders across the country. VA Loan Com’s goal is to make the VA loan process as straightforward as possible and help veterans and military members get the best possible loan terms.

Who Qualifies for a VA Loan?

To be eligible for a VA loan, you must meet the following criteria:

Service Requirements
Active-duty military (minimum 90 days), veterans, National Guard members, and reservists
Credit Score
No minimum requirement but typically 620 or higher
Adequate and stable income to support the mortgage payments
Must be a primary residence

If you meet these criteria, you may be eligible for a VA loan.

What Are the Benefits of a VA Loan?

There are several benefits of a VA loan, including:

  • No down payment required
  • Competitive interest rates
  • No private mortgage insurance (PMI) required
  • Flexible credit requirements
  • No prepayment penalties
  • VA assistance if you have trouble making payments

How Does the VA Loan Process Work?

The VA loan process typically involves the following steps:

  1. Determine your eligibility for a VA loan
  2. Obtain a certificate of eligibility from the VA
  3. Find a VA-approved lender through VA Loan Com
  4. Get pre-approved for a loan amount
  5. Find a home and make an offer
  6. Have the property appraised and inspected
  7. Finalize the loan with the lender
  8. Close on the home and move in

How Much Can You Borrow with a VA Loan?

The amount you can borrow with a VA loan depends on several factors, including your income, credit score, and the cost of the property. The VA has certain loan limits based on each county’s median home price, but you may be able to borrow more if you have a down payment or if the property’s price is higher than the VA loan limit.

What Are Some Common Mistakes to Avoid with VA Loans?

Here are some common mistakes to avoid when getting a VA loan:

  • Not getting pre-approved before house-hunting
  • Not shopping around for the best interest rate
  • Not factoring in additional expenses like closing costs
  • Buying a home that’s too expensive or requires too many repairs
  • Not understanding the loan terms and requirements

What Other VA Services Does VA Loan Com Offer?

VA Loan Com offers a variety of other services for veterans and military members, including:

  • VA refinancing
  • FHA and conventional loans
  • Mortgage calculators
  • Educational resources on homeownership
  • VA loan news and updates

How Can You Contact VA Loan Com?

If you have any questions or want to get started with a VA loan, you can contact VA Loan Com by phone or email:

  • Phone: 1-800-785-4798
  • Email:


VA loans are an excellent option for veterans and military members who want to purchase a home. VA Loan Com can help you navigate the loan process and find the best possible terms. If you’re eligible for a VA loan, don’t hesitate to take advantage of this valuable benefit. Contact VA Loan Com today to get started on your journey to homeownership.


This article is for informational purposes only and does not constitute financial or legal advice. Consult a qualified professional before making any financial decisions.


What is the VA loan guarantee?

The VA loan guarantee is a portion of the loan amount that the VA guarantees to the lender if the borrower defaults on the loan. This guarantee reduces the lender’s risk and allows them to offer more favorable loan terms to veterans and military members.

Can you use a VA loan to buy a second home?

No, VA loans can only be used to purchase a primary residence. However, if you have a VA loan on your primary residence and want to purchase a new primary residence, you may be able to keep the first loan and take out a second VA loan.

What is the funding fee for a VA loan?

The funding fee for a VA loan is a one-time fee that varies depending on several factors, including your down payment and whether you’ve used a VA loan before. The funding fee can be financed as part of the loan or paid upfront at closing.

How long does it take to get approved for a VA loan?

The timeline for getting approved for a VA loan can vary depending on the lender and your individual circumstances. However, the pre-approval process typically takes a few days, and the final approval process can take several weeks.

Can you get a VA loan with bad credit?

VA loans are more forgiving of credit issues than other types of loans, but you still need to have a decent credit score to qualify. There is no specific minimum credit score requirement, but most lenders prefer a score of at least 620.

Can you use a VA loan to refinance an existing mortgage?

Yes, you can use a VA loan to refinance an existing mortgage as long as the new loan amount doesn’t exceed the appraised value of the property. VA loans offer two types of refinancing: the Interest Rate Reduction Refinance Loan (IRRRL) and the Cash-Out Refinance.

What is the difference between a VA loan and a conventional loan?

VA loans are guaranteed by the Department of Veterans Affairs and are only available to veterans and military members. Conventional loans are not backed by the government and are available to anyone who meets the lender’s qualification criteria. VA loans typically offer lower interest rates and more flexible credit requirements than conventional loans.

Can you use a VA loan to buy a mobile home?

Yes, you can use a VA loan to buy a mobile home as long as it meets certain requirements. The mobile home must be classified as real property (not personal property), be affixed to a permanent foundation, and meet local zoning and building codes.

Can you use a VA loan to buy a foreclosure or short sale property?

Yes, you can use a VA loan to buy a foreclosure or short sale property as long as it meets the VA’s property standards and is appraised for the purchase price or higher.

What is the maximum VA loan amount?

The maximum VA loan amount varies depending on the county where the property is located. In most areas, the maximum VA loan amount is $548,250 in 2021. However, in high-cost areas, the limit can be higher.

Can you use a VA loan to buy a rental property?

No, VA loans can only be used to purchase a primary residence.

What is the VA loan interest rate?

The VA loan interest rate varies depending on the lender, your credit score, and other factors. However, VA loans typically offer competitive interest rates compared to other loan types.

How long do you have to pay back a VA loan?

The term of a VA loan varies depending on several factors, including the loan amount and your individual circumstances. In general, VA loans have terms of 15, 20, or 30 years.

Can you use a VA loan to buy land?

No, VA loans cannot be used to purchase land without a home on it. However, you may be able to use a VA loan to purchase a home and the land it’s on.