• HOA dues: To locate Va financial support toward condominium, about 85 % of these whom very own a property or flat in identical urban area must be HOA-fee agreeable.
• Multi-product housing: The fresh condo people must have one or more tool.
• Of several residents: Nobody, individual or providers is individual more than 10 % of devices when you look at the a flat people.
• Va appraisal: A good Virtual assistant appraiser must make sure the value of the brand new condo.
• Top residence: You ought to propose to make use of the condo as your first quarters.
• Additional requirements: You may have to meet even more statutes on Virtual assistant or the banker if you want an excellent Virtual assistant loan. Continue reading →