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
Joseph D.“This is our third house and this was the easiest and fastest financing we have had. Our contact, Destinee Stice, was fantastic and helped us every step of the way. Her hard work made our experience easy and much less worrisome. I am glad that NewDay USA was...”
Charles C.“We are very happy with the loan process and thankful for your assistance. We are anxious to start renovations on our home...that we would not have been able to do without the 100% loan we received from NEWDAY.”
Eric K.“Very well knowledgeable and very concerned about informing me and helping me with all the questions I had and Matt Downing is the best that I delt with in this process. Thanks”
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Visit the Resources page for additional info on VA loans, articles and comparison tools. It’s your go-to education hub for making informed financial decisions.
