Understanding VA Loan Eligibility
If you're considering a VA loan 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 is our commitment to you.
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 is 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
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7111 reviews on
7111 reviews on
"The loan team that assisted me had amazing communication, were very patient and attentive. My questions were always answered and they made sure to explain every step of the process!..."
TJ W.
"From the very first telephone call thru to the end, Michael Coleman III was both professional and extremely knowledgeable of this program. The whole process went very smoothly. Thank you for the blessings we received because of this loan!..."
Ricky J.
"This was the smoothest refinance we ever experienced. Surprised how quickly it all went. Definitely would recommend to others...."
James A.
Continue Learning
Visit the Resources page for additional info on VA loans, articles and comparison tools. It’s your go-to education hub for understanding your mortgage lending options.
Ask a Veteran Loan Expert
It's our turn to serve you.
Since 2009, we've helped over 51,000 Veteran families get the most out of their VA Benefits.
Understanding VA Loan Eligibility
If you're considering a VA loan 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 is our commitment to you.
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 is 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
7111 reviews on
"The loan team that assisted me had amazing communication, were very patient and attentive. My questions were always answered and they made sure to exp..."
TJ W.
7111 reviews on
"From the very first telephone call thru to the end, Michael Coleman III was both professional and extremely knowledgeable of this program. The whole ..."
Ricky J.
7111 reviews on
"This was the smoothest refinance we ever experienced. Surprised how quickly it all went. Definitely would recommend to others...."
James A.
Continue Learning
Visit the Resources page for additional info on VA loans, articles and comparison tools. It’s your go-to education hub for understanding your mortgage lending options.
Ask a Veteran Loan Expert
Since 2009, we've helped over 51,000 Veteran families get the most out of their VA Benefits.
Click on the buttons below to get started.
