Veteran or Active Duty and using a VA Home Loan?
Call or Contact Us for a free quote.
Not available in AL, MA, VA or New York
Not endorsed or sponsored by the Department of Veterans Affairs or any government agency.
VA Approved Lender. Mortgage Research Center — NMLS #1907.
VA LOANS VA REFINANCE ELIGIBILITY RESOURCES VA LOAN HANDBOOK VA LOAN FAQ's CONTACT US
 

VA Loans & 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.

Have you Served?
Find out what VA Loan
benefits you have earned.
 
I agree to the privacy, terms, and to be contacted at the number provided.

Legal


By submitting this data, you consent to receive phone calls from one of our VA mortgage specialists. If you supplied a cellular phone number, you also consent for VA Mortgage Center to call you at that number. Your consent is not a condition in order to qualify for a loan.

« Back

Submitting...
(Not Available in New York)
Not a government agency.
More Resources »

Veteran or Active Duty and using a VA Home Loan?
Call (888) 258-6879 or Get Started

Not Available in New York