VA LOAN – WHAT YOU NEED TO KNOW BEFORE BUYING

Most lenders look for around 580–620+, but VA loans are more flexible than conventional loans. 

👉 Even if your score isn’t perfect, you may still qualify.

No down payment is required for most VA buyers. 

👉 This is one of the biggest advantages of using your VA loan.

It’s a one-time fee that helps keep the VA loan program running. 

👉 The good news: it can usually be rolled into your loan, and some veterans are exempt.

You must have eligible military service and a Certificate of Eligibility (COE). 

👉 Active duty, veterans, and some spouses may qualify.

It depends on your income, debts, and credit profile. 

👉 The fastest way to find out is getting pre-approved first.

Yes — VA loans are reusable. 

👉 You can use it again after selling or even have multiple VA loans in some cases.

Not really. Most VA loans close in about 30–45 days, similar to other loan types. 

👉 With the right team, it’s smooth and predictable.

Yes — the home must meet VA minimum property standards (safe, livable, move-in ready). 

👉 This protects YOU from buying a bad home.

No. VA loans are available to: 

- Veterans 

- Active-duty service members 

- National Guard / Reserve 

- Some surviving spouses

Not exactly — the home must be your primary residence and meet VA guidelines. 

👉 That means no fixer-uppers needing major repairs, but most move-in ready homes in El Paso will qualify.