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What types of homes are eligible for VA loan financing?

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Published on May 20, 2010

What type of home is financeable under the VA Loan Guaranty Program? The http://www.directvaloans.com VA loan FAQ video series addresses the commonly asked question, What types of homes are eligible for VA loan financing? When it comes to being financeable, specific guidelines must be met before a home can be financed with a VA home loan. New and previously owned single family homes are eligible if a VA-approved appraiser determines they are safe and livable. But when it comes to condos and townhomes they must be on a VA-approved list to qualify for VA financing. There are also certain guidelines that must be met for a manufactured home or a modular home to receive VA mortgage financing. However, not all VA lenders offer VA loans for all these property types. For the complete video series and to find more answers to your most commonly asked VA loan questions at http://www.directvaloans.com/VA-Loan-....

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