VA Loan Secrets That Can Save You Thousands
VA Loan Secrets That Can Save You Thousands
VA Loan Secrets That Can Save You Thousands
If you’re a Veteran or active-duty service member, you’ve likely heard of VA home loans—but chances are, you haven’t been told everything. Beyond the well-known benefit of zero down payment, VA loans come with hidden perks and strategies that can save you thousands of dollars over the life of your loan.
Whether you’re buying your first home, refinancing, or considering an investment, here are the top VA loan secrets most lenders won’t tell you—but you need to know.
You Can Reuse Your VA Loan Benefit—More Than Once
Many Veterans believe they can only use the VA loan once. Not true.
With restored entitlement or partial remaining entitlement, you can use it multiple times—even hold more than one VA loan under certain conditions.
Refinance With No Appraisal or Income Check (VA IRRRL)
The VA Interest Rate Reduction Refinance Loan (IRRRL) allows you to lower your rate with minimal paperwork.
Often no appraisal or income verification required. Fast, low-cost, and stress-free.
No Private Mortgage Insurance (PMI) = Huge Monthly Savings
Unlike FHA or conventional loans, VA loans don’t require PMI—even with zero down.
This can save you $100–$400 per month or more.
The VA Limits What You Can Be Charged in Fees
The VA has strict limits on what closing costs lenders can charge Veterans.
You’re protected from “junk fees,” and the 1% lender origination cap can save you big upfront.
You Can Use a VA Loan to Buy a Multi-Unit Property
Buy a duplex, triplex, or fourplex with zero down—as long as you live in one unit.
This is a powerful wealth-building move, especially in high-cost areas like San Diego.
You Can Have a Co-Borrower (But Choose Wisely)
You can use a spouse or another Veteran as a co-borrower with no impact on VA benefits.
Non-spouse, non-Veteran co-borrowers are possible but require a minimum down payment of 12.5%—know the rules.
Final Thoughts
The VA loan is one of the most powerful benefits you’ve earned through service—but like most tools, it works best when used wisely. If you’d like help navigating these advantages, I’d be honored to help.
