If you’re considering a financial service from NewDay USA, you’re likely wondering if you’re eligible. The criteria below will give you a better idea of general requirements, and documents that may need to be submitted during the loan approval process.
Even if you’re unsure about meeting these criteria, you may still be eligible for a VA loan. Call a dedicated loan specialist or inquire online to have your personal eligibility explained in greater depth. Keep in mind that bankruptcy, foreclosure or delinquency do not necessarily disqualify you from getting approved. NewDay USA will make sure everything is crystal clear, every step of the way. That’s our commitment to you.
Veteran status qualifications
- Active duty servicemember
- Veteran with honorable discharge
- Reservist/National Guard with honorable discharge and sufficient time served
- Surviving spouse of an eligible deceased Veteran
- Spouse of a MIA/POW servicemember
Property type qualifications
- Single-family detached
- Semi-detached
- Townhouse
- Row home
- PUD (Planned Unit Development)
- Condominium approved by VA
- 1-2 unit
Documents possibly needed
- W2, tax returns, pay stubs, employment history or retirement income
- Credit history, especially as it pertains to mortgages
- Appraisal of eligible property types
- Verification of U.S. citizenship
- Verification of VA entitlement
Richard P.“This was a wonderful and great experience for me and my wife. The Account Executive of the NewDay USA Jacob Flax who worked for me; he is a great man. He explain all to me and my wife. Also, it did not take a long time to understand all that I needed for...”
Joyce P.“My experience was completely fast, professional and supportive from start to finish. I called for information and started talking with the representative, the next thing I knew I was pre-approved, found a realtor and started house shopping. Within...”
Dana F.“NewDay USA and their professional staff provides an invaluable service to veterans and their families. We are sincerely grateful to our Account Executive Kevin and the entire NewDay USA organization for all of their assistance in assisting us with achieving...”
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