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VA eligibility and disability

VA loans are a unique benefit for those who have served in the military, providing affordable home financing options with flexible terms and benefits. One of the primary benefits of a VA loan is that it allows eligible borrowers to purchase a home with little or no down payment and without requiring private mortgage insurance (PMI). However, there are additional benefits that can vary depending on whether or not the borrower is disabled.


For eligible borrowers who have a service-connected disability, there are several additional benefits available when applying for a VA loan. One of the most significant benefits is the waiver of the VA funding fee, which can save borrowers thousands of dollars. The funding fee is a one-time fee charged by the VA that helps offset the cost of the loan guarantee program. However, for disabled veterans, the fee is waived entirely.

Another benefit available to disabled veterans is the possibility of receiving a grant to adapt their home to accommodate their disability. This grant can be used to modify an existing home or to build a new home that is more accessible. These modifications can include things like adding wheelchair ramps, installing grab bars in the bathroom, and widening doorways to accommodate mobility aids.

Disabled veterans may also be eligible for additional compensation from the VA, which can help cover the cost of mortgage payments, property taxes, and other expenses related to homeownership. This additional compensation can be a great help to disabled veterans who may have limited income and resources.

For eligible borrowers who are not disabled, VA loans still offer many benefits. In addition to the no down payment and no PMI requirements, VA loans often have lower interest rates than traditional mortgages, which can save borrowers thousands of dollars over the life of the loan. VA loans also have more flexible credit and income requirements than traditional loans, making them accessible to more borrowers. For more information contact

Lending House


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