Not endorsed or sponsored by the Department of Veterans Affairs or any government agency. VA Approved Lender. Mortgage Research Center — NMLS #1907.
Not available in AL, MA, VA or New York

To get started with your VA Home Loan, call (888)258-6879 or Get Started Here

VA Loans & Investment Property

Learn about VA Loans and investment property, and how VA Loan requirements allow certain properties to be income producing.

Home / Handbook / Investment Property

Can I Use a VA Loan on Investment Property?

VA Loans can be used to purchase a home in which the homebuyer intends to occupy as their primary residence. A VA Mortgage cannot be used to purchase investment property or land.

While a VA Home Loan cannot be used to purchase property solely for investment purposes, such as a rental home, the Department of Veterans Affairs does allow a homebuyer to use the VA Loan on a residence that has one to four units – as long as the homebuyer certifies that they intend to occupy the home.

This means a potential homebuyer could buy up to a fourplex, occupying one unit and renting the additional space.

Those interested in refinancing should note that the VA Loan’s property and occupancy requirements are the same for all types of VA guaranteed loans, with exception to the IRRRL (Interest Rate Reduction Refinancing Loan).

An IRRRL has different occupancy requirements and the borrower must certify only that they previously occupied the home.

Notice for New York Residents

Website authorization by the New York State Department of Financial Services is pending. Until this website is authorized, no mortgage loan applications for properties located in New York will be accepted through this site.

×