News & Information: Market Diversity Quick Q&As

Market Diversity - VA Loan Qualifiers

Friday, August 16, 2013  
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Q. Who qualifies for a VA loan?

A. Being eligible for a VA loan does not mean that a borrower will get one. Military borrowers must meet multiple requirements in order to fully qualify for a VA loan, from meeting the service standards and a lender's credit score minimum to residual income and acceptable debt-to-income ratio.

Market Diversity Quick Q&As are provided by the ORRA Market Diversity Subcommittee as a service to ORRA members.

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