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What First-Time VA Buyers Need to Know About Home Loans

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If you're a first-time VA buyer, lower rates and no down payment are great, but you'll still need a Certificate of Eligibility. Your lender must check your income and credit, and you'll pay a funding fee unless you're exempt. Remember, the VA doesn't loan money—it guarantees part of your loan to the lender. The property must meet minimum standards and be your primary home. Move-in timing matters: you usually need to occupy within 60 days of closing. Also, you can reuse your VA benefit later eve…