VA Loans - Frequently Asked Questions (VA Jumbo / VA High Balance Answers too)

We have been putting together a series of posts regarding some of the most frequently asked questions that we receive regarding VA Loan qualifications and guidelines.  

Here is a list of this work in progress for common VA Loan Questions: 

VA FAQ 1:    Are VA Loans available over $647,200?

VA FAQ 2:   What is a VA Loan?

VA FAQ 3:   Does the VA make VA Loans?

VA FAQ 4:   Who can qualify for a VA or VA Jumbo Loan?

VA FAQ 5:   What is the VA Loan Limit ? 

VA FAQ 6:   What is a VA Jumbo Loan ?

VA FAQ 7:   What is a VA Direct Lender ? 

VA FAQ 8:   Can I use my VA Loan to refinance my Non-VA Loan into a VA Loan ?

VA FAQ 9:   Can I get a second VA Loan / use my VA Loan Benefit more than once?

VA FAQ 10:   Should I get Pre-Qualified or Pre-Approved for my new VA Loan?

VA FAQ 11: Can I get a new VA Loan if another Lender denied my VA Loan?

VA FAQ 12: What Fico Score do I need for a VA Jumbo Loan?

VA FAQ 13: What is a VA LAPP Lender and why you should work with us

VA FAQ 14:   How soon after a Bankruptcy can I get a VA Loan?

VA FAQ 15:   How soon after a Bankruptcy can I get a VA Jumbo or VA High Balance Loan?

VA FAQ 16:    How soon after a Foreclosure can I get a VA Loan? 

VA FAQ 17:    How soon after a Foreclosure can I get a VA Jumbo Loan?

VA FAQ 18:    How soon after a Short Sale can I get a VA Loan?

VA FAQ 19:    How soon after a Short Sale can I get a VA Jumbo Loan?

VA FAQ 20:    VA Loans and Foreclosure dates, what date is used for waiting period?

VA FAQ 21:    Can I have two VA Loans at same time?

VA FAQ 22:    Can I use a VA loan for a VA Cash Out Refinance up to 100% of my LTV?

VA FAQ 23:    What is the VA Loan Limit for Duplexes?

VA FAQ 24:    What is the VA Loan Limit for 3 or 4 unit homes?

VA FAQ 25:    Do I have to occupy one of the units with a VA loan for 2-4 unit homes?

VA FAQ 26:    What is the maximum VA IRRRL Loan Limit?

VA FAQ 27:    Do VA Appraisals come in at low values?

VA FAQ 28:    Do VA Loans take longer than conventional loans?

VA FAQ 29:    Are VA Appraisers less experienced? 

VA FAQ 30:   Are VA buyers less qualified than conventional loan buyers?

When it's time to look at financing with a VA or VA Jumbo Loan - contact the VA Loan Pro's at VanDyk Mortgage - Call Brian Skaar direct at 866-900-2342, text 760-752-4480 or apply online at www.vandykfunding.com/getpreapproved

>>>>>> I WANT TO GET STARTED ON MY VA LOAN NOW

We proudly serve Veterans for VA and VA Jumbo Loans throughout our service area - Arizona, California, Colorado, Georgia, Indiana, Massachusetts,  Michigan, Mississippi, Tennessee, Texas, Virginia, Washington, Wyoming, and more states we Lend in