A VA loan can be approved for the acquisition of a property, which can range from a one-family to a four-family unit, as long as:

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Multiple choice — select the best answer

Athe VA loan applicant certifies the rent collected will equal the mortgage payments.
Bthe loan will be amortized for not more than 20 years.
Cthe down payment will be at least 10%.
Dthe VA loan applicant agrees to live there.

✓ Correct answer: D. the VA loan applicant agrees to live there. While the rules and terms may vary, VA loans offer low down payment and below market interest rates, contingent upon the borrower residing in the property.

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A VA loan can be approved for the acquisition of a property, which can range from a one-family to a four-family unit, as long as:

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