Hello! This is Joe Harris with Morgan Financial and here is your “Joe Knows Mortgages MINUTE”. This week, we answer the question: To qualify for a VA Loan, do you need to occupy the property immediately?

As a benefit for those on active duty or serving overseas, military members can qualify for a VA loan if they have intentions to return home within one year as long as a Spouse or dependent children will also occupy the property in the meantime. Otherwise they must occupy within 60 days. 

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