VA Loan Process

A step-by-step guide for how to get prequalified and preapproved for a VA home loan.

Applying for your Certificate of Eligibility is just one part of the larger VA home loan application process.

VA Loans are available up to $548,250 in most areas but can exceed $800,000 for single-family homes in high-cost counties. Loan limits don't apply to all borrowers.

The VA loan underwriting process often raises questions from homebuyers, but the goal is simple: verify the facts, and protect all parties involved.

The Lender Appraisal Program (LAPP) is a program available to lenders that have met specific requirements. A lender must be approved by the Central Office. By using an LAPP lender, a VA assigned appraiser can actually close the applicant's loan, allowing for the loan process to be expedited.

The VA offers veterans many benefits that help them throughout their lifetime. One of those valuable benefits is the VA Home Loan Guarantee Program.

The VA offers Veterans who have used the VA Home Loan Guarantee Program and subsequently fallen on hard times, the opportunity to have loan modifications.

Purchasing a condo has some serious perks, but there are certain requirements properties must meet to ensure that a VA loan can be used to help purchase a condo.