505-881-0801 | Info@InfinitiMortgageNM.com | New Mexico MLS ID #187935 - #224396

VA Loan Eligibility

VA Home Loan Eligibility in Albuquerque, NM

At Infiniti Mortgage, LLC, we appreciate the commitment our service men and women have made to our country. We want to help them take advantage of one of the benefits that the United States government offers for honorably serving our country: a Veteran’s Affairs home loan.

Advantages of VA Home Loans

As a service man or woman, you have the opportunity to purchase or refinance a home using a VA loan. These home loans offer a number of benefits, including:

  • No down payment
  • No  private mortgage insurance requirement
  • Limited closing costs
  • No early payment penalty

To take advantage of these loans, you do not have to be a first-time home buyer. And, as long as all other eligibility requirements are met, the VA home loan can be used more than once.

How You Can Use to Loan

A VA loan can be used for a number of different projects, including:

  • Buying a home or condominium
  • Buying a manufactured home
  • Building a home
  • Renovating a home

The home you are financing must be used as your primary residence. If you are unsure if the project or type of home you are interested in qualifies for a VA home loan (or refinance), an experienced loan officer from Infiniti Mortgage, LLC can help to determine eligibility.

VA Loan Eligibility Requirements

In order to qualify for a VA home loan, you must:

  • Have a credit score of 620 or above
  • Be on active duty for at least 90 days or be honorably discharged
  • Be the spouse of an eligible service member

Additionally, you will have to prove sufficient financial income to pay back the loan and submit a valid Certificate of Eligibility. An expert mortgage broker at Infiniti Mortgage, LLC can help you determine if you qualify for a VA home loan and assist you with filling out required paperwork.

Schedule a Consultation Today

At Infiniti Mortgage, LLC, we know that getting the best interest rate possible could mean the difference between moving into the home of your dreams or not. We want to help you make your dream of home ownership come true. Contact us today to schedule a consultation to determine if you pre-qualify for a VA home loan.

Contact Infiniti Mortgage

Loan Programs

Get Started

Call Infiniti Mortgage

Email Infiniti Mortgage


New Mexico MLS ID #187935 - #224396