Common VA Loan Myths

Myth # 1

VA home loans can’t be process and closed in less than 45-60 days……..

Fact: VA home loans are frequently completed from application to closing in 30 days and sometimes less than 30 days at Susquehanna Lending Group.

Myth #2

The VA appraisal is a too difficult

Fact: The VA appraisal process if often misunderstood. You can be assured that a qualified VA approved appraiser will perform your appraisal in a timely and efficient manner.

Myth #3

VA requires above average credit scores

Fact: VA loans may be approved with credit scores as low as 620

Myth #4

You can only use your VA eligibility one time

Fact: VA permits multiple uses as long as you have the entitlement