Instance, while you are to buy a-two-unit assets, you could borrow to $831,800 when you look at the a good Va loan financial
For three-equipment features, the price is additionally large, reaching $step 1,005,450. On top of that, while interested in a several-tool assets, you might borrow up to $step 1,249,550 from inside the Va backed funds. These types of Virtual assistant loan financial selection succeed not too difficult getting pros buying a top-high quality equipment and expand the economic profile quickly.
Virtual assistant Financial Qualification Conditions
We assume Va loan mortgage loans are merely getting pros. Although not, Virtual assistant mortgage qualifications conditions normally lengthened in order to partners and you will nearest and dearest of newest and previous service team. Even though it is best to look at the Va Lenders page so you're able to completely understand eligibility, we want to supply a brief run-down of the most popular Virtual assistant mortgage qualifications criteria.
For folks who served regarding military throughout the wartime plus Community War II, Korean Combat, and the Vietnam Conflict, this service membership standards has reached least 90 days productive duty, with anything other than an excellent dishonorable launch.