There is also a VA loan funding fee that most borrowers have to pay. It ranges from 0.5 percent on some refinances to 3.3 percent for some home purchases. The exact fee varies, depending on the ...

VA Loan Eligibility To qualify for a VA home loan, you must meet specific military service criteria. Active-duty service members meet VA loan requirements if they’ve served for 90 consecutive ...

It’s one of the most popular benefits for veterans: Lenders issued 400,692 VA-backed loans totaling nearly $145 billion in 2023, with an average loan amount of $360,863, according to the VA.

There are currently over 1.5 million active VA home loans. Veterans may obtain a certificate of eligibility and sign up for eBenefits through the web portal at www.ebenefits.va.gov.