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Mortgage Research Center, LLC Not affiliated with or endorsed by the Dept. of Veterans Affairs or any govt. agency. NMLS #1907. Not available in NV or NY. Legal

Frequently Asked Questions

Can I use my VA loan to buy a rental property?

The idea of buying a building intended as a rental property is sound, but VA mortgages aren't intended for this purpose. If you buy a home with a VA home loan, you must certify that you intend to "personally" live in the house. There are naturally exceptions made for houses that are in the building stages when the sale is made, but the general rule is you must occupy the house within sixty days of the loan closing.

The occupancy requirement applies to all VA guaranteed loans except one: the Interest Rate Reduction Refinancing Loan or IRRRL. For these loans, the veteran is required to certify that the dwelling was previously occupied as the home.

MORE: Learn about the VA occupancy requirement.

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Compare Top VA Purchase Lenders

Take the guesswork out of finding a VA Loan provider. Veterans United Home Loans created this site to educate and empower military homebuyers. Regardless of what lender you pick, it's always a good idea to compare and know your options.

  • NMLS #1907
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    • Veterans United ranks No. 1 in Customer Ratings for VA purchase lenders, according to ratings and reviews collected by TrustPilot.
    • In 2020, Veterans United closed 60,462 VA Purchase Loans, which was 9% of all VA Purchase Loans closed nationwide last year.
  • NMLS #401058
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    • USAA ranks No. 5 in Customer Ratings for VA purchase lenders, according to ratings and reviews collected by TrustPilot.
    • In 2020, USAA closed 21,878 VA Purchase Loans, which was 8% of all VA Purchase Loans closed nationwide last year.
  • NMLS #399807
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    • Navy Federal ranks No. 3 in Customer Ratings for VA purchase lenders, according to ratings and reviews collected by TrustPilot.
    • In 2020, Navy Federal closed 19,586 VA Purchase Loans, which was 6% of all VA Purchase Loans closed nationwide last year.
  • Customer Ratings: Customer Ratings based on ratings and reviews provided by TrustPilot. VALoans.com is not affiliated with TrustPilot and has no control or influence on how users rate each lender.
  • 2020 VA Loans: Total VA loan volume for fiscal year 2020 as reported by the Department of Veterans Affairs (FY 2020 Lender Loan Volume).