Eligibility
Confirm the borrower appears eligible to pursue VA financing under applicable rules.
VA scenario review
Understand your VA benefit before choosing the structure.
VA financing can be simple in one scenario and highly nuanced in another. Prior use, entitlement, exemption status, property, and purchase price can materially change the analysis.
Entitlement
Review whether full or remaining entitlement may apply.
Funding fee
Determine whether a funding fee may apply or whether an exemption should be verified.
Down payment
Evaluate whether zero-down financing is available or whether a down payment improves the structure.
Payment
Include principal, interest, taxes, insurance, HOA, and applicable financed fees.
Next step
Move into formal VA pre-approval only after the general scenario is understood.
Ready for the next step?