- Single-family homes
- Approved condominium units
- Multi-family dwellings (up to four units per borrower with landlord experience)
- New construction
- Qualified manufactured homes
Understanding eligible uses for VA loans can help military members maximize their home loan benefits during PCS season. VA loans can be useful during PCS season. V A mortgages of up to $417,000 are partially backed by the U.S. Department of Veterans Affairs, meaning that the VA guarantees lenders a portion of each loan to encourage those lenders to make loans to eligible veterans. These loans can help eligible borrowers purchase or refinance many types of primary residences including:
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