VA Financing: Eligibility & Requirements


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question 1 of 3

In order to get a VA home loan, the eligible person must give the lender which document?

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1. Which of the following factors helps determine the amount of the VA funding fee?

2. What is the minimum amount of time the veteran or surviving spouse must plan on living in a VA mortgaged home?

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About This Quiz & Worksheet

Use these study tools to explore the subject of VA financing. The quiz questions will help you understand VA loans and how they work.

Quiz & Worksheet Goals

Determine how well you know how to:

  • Name the document a person must give in order to acquire a VA home loan
  • Recognize a factor that will define the VA funding fee
  • Identify the minimum amount of time a veteran or surviving spouse must plan on living in a VA mortgaged home
  • Interpret the maximum VA loan amount

Skills Practiced

These skills will be practiced:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on VA financing
  • Interpreting information - verify that you can review information regarding VA home loan eligibility and interpret it correctly
  • Information recall - access the knowledge you've gained regarding the VA funding fee

Additional Learning

To find out more about VA financing, review the lesson entitled VA Financing: Eligibility & Requirements. The lesson addresses the following objectives:

  • Explain what the VA guarantees regarding a home loan
  • Assess VA loan requirements
  • Understand the VA disability rating