Can I Purchase a Boat or RV With My VA Loan Benefits? One common question about VA home loans involves the purchase of properties other than suburban homes. VA loan benefits allow buyers to purchase a condo, mixed-use property, multi-family units, manufactured or modular homes and many other options.
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According to VA, the maximum term for a manufactured home with the land is 25 years. Because 30-year terms are not available for manufactured homes, your monthly payment may be slightly higher. Shorter loan terms require higher monthly payments. As far as the property itself,
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Find out what types of properties – outside of a standard single-family home – will allow you to qualify for your VA home loan benefits. Eligible Properties for VA Loans | Military.com Login
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