Posted By: JHall @ Veterans United.com
Apartments, condos, manufactured homes, co-ops, single-family homes — modern real estate has come a long way since the days of the one-room shack.
The current market offers a wide variety of homes to satisfy any buyer’s desires. But VA loan buyers will need to focus on certain types of properties in order to win final loan approval.
The single-family home is the bread-and-butter of the VA loan program, but many other kinds of homes can also garner VA approval. This post will help you guide military buyers toward winning properties with a closer look at what homes are eligible for VA loans.
Condominiums/townhouses
Condos and townhouses are certainly eligible for VA financing. But the entire condo or townhouse complex must receive VA approval before a buyer can obtain a loan for one particular unit.
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