When is a VA loan down payment required?

VA loan down payments

One of the key benefits of a VA loan is that there’s no down payment required for home buyers. However, there are some special circumstances where a down payment might be needed.

A VA loan down payment can be required when the loan amount is above local loan limits, when one of the borrowers isn’t VA-eligible, or when the home buyer only has partial entitlement. (You might have partial entitlement if you’ve used a VA loan in the past and it’s not paid off.)

And some buyers will willingly make a down payment, even when they are not required to do so. VA loan down payments have multiple benefits, and there are many reasons why buyers consider making one.
Check your zero-down VA loan eligibility. Start here (Sep 6th, 2022)