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In this article

1. Georgia VA loans for active duty military and veterans
2. Georgia VA home loan eligibility

Georgia VA loans for active duty military and veterans

VA mortgage loan was established specifically for men and women who are either active duty in the military or veterans. Their Surviving spouses also have access to VA mortgages, albeit with slightly stricter requirements. At Moreira Team, we help military families build wealth through sound financial choices. This is why we offer detailed information to anyone eligible and interested in acquiring a VA mortgage loan in Georgia.

Georgia VA home loan eligibility

How do you know that you are eligible for a Georgia VA loan? The first qualification is membership in the military, reservists or the National Guard. Active members of the military qualify as long as they have been in service for 6 months or more. If you are a Reservists or members of the National Guard, you will have to wait 6 years. However, if you are called to active duty before that you become eligible after 181 days of service. Spouses of military members who died in the line of duty are also eligible to apply for a VA loan. To qualify for a Georgia VA loan, your spouse’s death must be as a direct result of a service-related injury or disability.

Loans offered by VA lenders do not require any down payment. Another advantage is that VA loans don’t come with insurance requirements regardless of how much down payment you make. That said, you should know that you are required to pay a one-time funding fee on your VA loan. The amount varies depending on the total mortgage amount.

Are you interested in a VA mortgage in Georgia? Start your application right here, or give us a call to speak directly with a loan advisor about your VA eligibility and what you qualify for.