The Law on Occupancy
VA Loan Guidelines
The law requires a veteran obtaining a VA guaranteed loan to certify that he or she intends to personally occupy the property as his or her home. As of the date of certification, the veteran must either (1) personally live in the property as his or her home, or (2) intend, upon completion of the loan and acquisition of the dwelling, to personally move into the property and use it as his or her home within 60 days after the loan closing (reasonable).
The above requirement applies to all types of VA guaranteed loans except Interest Rate Reduction Refinancing Loans (IRRRLs). For IRRRLs, the veteran need only certify that he or she previously occupied the property as his or her home.
VA LOAN ARTICLES
Read About Veteran Mortgage News, Updates, and Guidelines
VA Loan Benefits for the Spouse Alone?
In general, VA loan rules that cover VA loan eligibility for a new purchase have specific guidelines for active duty, members of the Guard and Reserve, as well as regulations that address VA loan eligibility for military spouses in two separate categories
What Is The DD214? - VALoans.com
When military members out-process as part of retirement or separation, getting the DD214 is one of the last things to happen. Your DD214 is needed for a VA loan.
Which VA Refinancing Loans Require Occupancy?
VA Refinancing Loans have their own set of rules concerning occupancy and refinancing. Learn these rules so you are ready when it is time to refinance the mortgage.
VA Loans for Guard/Reserve Members
Are you a member of the National Guard or are a Reservist interested in using your VA home loan benefits? Do you know what the basic eligibility requirements for using your VA loan benefits are?
VA Benefit Updates for Same Sex Couples and Joint Loans
This update to VA home loan rules includes a warning for same-sex married couples who may be eligible for VA mortgage loans. Since not all states recognize same-sex marriages, VA loan procedures and requirements may depend on the location of the borrower.