The VA Loan Process: 4 Steps to Get You Home

The VA Loan Process

Every VA loan situation is different, but there are a few common basic steps when applying for a VA home loan.

  • 1

    VA Loan Prequalification

    Wait to go house shopping until you can make a stronger, more competitive offer with your prequalification letter. Your prequalification letter will let you know exactly how much house you can afford.

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  • 2

    House Hunt

    We work to connect borrowers with expert realtors in their area that understand the needs of military buyers. Once you find a home that you love, the next step is making an offer to buy it. Obtaining a signed purchase agreement allows you to move forward in the VA loan process.

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  • 3

    VA Loan Underwriting

    Underwriting occurs when all the information from stage 1 is reviewed for conditional approval by a person known as an underwriter. This stage can be as brief as 24 hours but may extend further. Prior to its submission, we will diligently prepare your file to the best of our abilities. After review, an itemized list of conditions will be stipulated for the loan.

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  • 4

    VA Loan Closing

    The loan process is finalized following the underwriter’s approval to close. This prompts our closing department to draft final closing documents. The disclosure documents help to ensure your understanding and acceptance of the terms and conditions of your contract. Proof of homeowners insurance is required for a VA Purchase Loan, as well as any closing costs, if applicable. Complete closure of your loan occurs once all documents have been signed.

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Want to quickly check your eligibility with a VA approved lender?

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Documents needed during prequalification:


A clear copy of your driver’s license and Social Security Card


A copy of your DD-214 or Reserve/Guard points statement


Recent 30-day paystub


Past 2-years w-2’s or tax returns


90 days bank statements


Purchase contract, if applicable

What to Avoid While Under Contract

Open/Close Credit Lines

Avoid opening new lines of credit, closing lines of credit, or co-signing on loans as these things can all affect your credit.

Quit or Change Jobs

Keeping your job and income steady can help your loan process go smoother. If you do make a change, it could result in additional loan conditions, or possibly a denial.

Defer Payments

Deferred payments, even 6 months down the road, can show on your credit report as debt. This can affect your debt-to-income ratio and possibly your credit score.

Make Major Purchases

New purchases, or debts, on things such as a car, boat, or furniture could affect your credit score.

Make Large Deposits

Documents are required to show where funds for earnest money deposits and down payments come from, even if you are using gift funds. Avoid large cash deposits, without a clear paper trail.

Don’t Miss Payments

Keep on top of your bills and don’t miss a mortgage payment. A late payment could result in additional loan conditions, or possibly a denial.