Build a new home Add or update energy efficient features to your current home VA loans qualifications and limits Private mortgage lenders and the Department of VA have separate minimum eligibility requirements that borrowers must meet to qualify for a mortgage loan. Private lender requirements: You...
Although the debt-to-income ratio, or DTI ratio, is an important part of your financial history that VA loan lenders examine, it’s only one of several VA loan qualifications. VA Loan DTI Requirements A DTI ratio of no more than 41 percent is favored by the VA. But, loan lenders are...
Since not everyone qualifies for a VA loan you’ll need to show you’re a qualifying veteran during the approval process. Let’s take a closer look at the qualifications and the documents you might need to obtain. VA Loan Eligibility Requirements To get a VA home loan, you need a valid...