Table of Contents
Can a regular person get a VA loan?
No, VA loans are only available to veterans, military members, and certain surviving spouses. Regular people, or those who have never served in the military, are not eligible for VA loans.
Can I get a VA loan if my dad was in the military?
It depends. If your dad is a veteran, you may be eligible for a VA loan if you meet certain criteria. If your dad is a current military member or a surviving spouse, you may be eligible for a VA loan even if your dad is not a veteran.
Who is eligible for VA loan?
VA loans are available to veterans, active-duty military members, and certain surviving spouses. To be eligible, you must meet the following criteria:
- You must have served in the military for at least 90 days during wartime, or 181 days during peacetime.
- You must have an honorable discharge.
- You must have a valid Certificate of Eligibility (COE).
- You must meet the lender’s credit and income requirements.
Are VA loans hard to qualify for?
No, VA loans are actually easier to qualify for than conventional loans. The VA does not require a minimum credit score, and lenders often have more lenient requirements for VA loans than for conventional loans. However, you still need to meet the lender’s credit and income requirements.