VA Loan Requirements
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VA Loans
1. Veterans will need a minimum credit score of 580 and lenders may have additional requirements.
2. Multi-Family 2 to 4 unit purchase transactions will also work with a VA Loan on owner occupied purchases up to $726,200.
3. The VA Loan Program is best with a fixed rate loan and lenders offer a 15 year and 30 year mortgage option.
4. VA Funding Fees may be waived with 10% or greater service disability.
5. The VA funding fee can be financed and is currently 2.15% of the loan amount on first time VA purchases with $0 down.
6. Portland Veterans can obtain their Certificate of Eligibility by applying online or working with a local VA lender.
7. Other terms and conditions may apply, contact your local VA Lender for details
Contact us today to be connected to one of our top local VA loan Partners
Here is some additional information for Veterans obtaining a VA Jumbo Loan:
1. Obtain Certificate of Eligibility
2. The property must meet the minimum requirements for Portland VA Loans
3. The lender will order a VA appraisal the must meet VA guidelines
Oregon
Multnomah County Limit VA Guaranty ($0 down and up to)$726,200
Washington County Limit VA Guaranty ($0 down and up to)$726,200
Clackamas County Limit VA Guaranty ($0 down and up to) $726,200
Washington
Clark County Limit VA Guaranty ($0 down and up to)$726,200
Northwest Realty Source
Principal Broker/Owner
Veteran-Marine Corps Sgt. Fox 2/4
Text or Cell 503.997.4169