What is a VA Loan?
VA-backed home loans are intended for eligible veterans, service members, and certain surviving spouses. Service history and other requirements need to be reviewed.
This guide is a starting point for an informed conversation. It does not confirm eligibility, approval, pricing, or program availability. Mortgage terms and requirements can change, so ask Texas Mortgage Info for current information about the property and your situation.
Eligibility starts with service history
VA-backed loans are intended for qualifying veterans, service members, and certain surviving spouses. A Certificate of Eligibility helps document entitlement, but the lender still reviews credit, income, and the transaction.
Occupancy and property rules matter
VA financing generally involves intended occupancy and a VA appraisal. The appraisal addresses value and minimum property requirements; it is not a substitute for an independent home inspection.
Ask about the full cost
Discuss the current VA funding fee, possible exemptions, closing costs, seller contributions, and any lender charges. Terms and program guidance can change.
What service documentation and fees should you discuss?
Ask for an explanation based on current guidelines and written disclosures before making a financing decision.
Details worth gathering.
- Service documentation or an existing Certificate of Eligibility
- Your expected move-in and occupancy plan
- Questions about the funding fee, appraisal, and closing costs
VA Loan FAQ
Does a Certificate of Eligibility guarantee approval?
No. It documents VA entitlement. A lender must still review the borrower, property, and complete transaction.
Is a VA appraisal a home inspection?
No. Buyers may choose a separate inspection to evaluate the home’s condition in more detail.