🧾 VA Appraisals: What to Expect (and What Not to Worry About)
🏠 What Is a Conventional Loan?
Let’s clear up the confusion so you can move forward with confidence.
If you’re a veteran, active-duty service member, or military family member, you’ve earned one of the most powerful mortgage benefits available — the VA loan.
But unfortunately, too many eligible buyers and homeowners miss out on this opportunity because of outdated information, online rumors, or just plain bad advice.
Let’s set the record straight on the most common VA loan myths — and show you what’s really possible.
🧠 Myth #1: “You Can Only Use a VA Loan Once”
Truth: You can use your VA loan benefit again and again.
You may be able to:
- Reuse it after paying off your first VA loan
- Use remaining entitlement while still owning another VA-financed home
- Restore full entitlement by selling your old home or paying off the loan
💬 It’s a lifetime benefit — not a one-and-done.
🧠 Myth #2: “You Need Perfect Credit to Qualify”
Truth: VA loans are more flexible than most mortgage types.
- Minimum credit score requirements are often lower
- Higher debt-to-income (DTI) ratios are allowed
- You may qualify even after past credit events
📘 We help tell your whole story — not just what’s on your credit report.
🧠 Myth #3: “VA Appraisals Are Too Strict”
Truth: VA appraisals focus on safety and livability, not perfection.
- They don’t require everything to be brand-new
- Minor issues can often be repaired
- We help you shop VA-friendly homes from the start
The process is very manageable with the right guidance — and rarely a dealbreaker.
🧠 Myth #4: “You Have to Be a Combat Veteran to Qualify”
Truth: Many service types qualify — not just combat duty.
You may be eligible if you are:
- Active-duty
- A veteran with qualifying service
- National Guard or Reserve with sufficient time served
- An eligible surviving spouse
Not sure? We’ll help verify your Certificate of Eligibility (COE) in minutes.
🧠 Myth #5: “VA Loans Take Too Long to Close”
Truth: VA loans can close just as fast — and sometimes faster — than conventional loans.
At PRMI:
- We process, underwrite, and close in-house
- We know the VA process inside and out
- We keep your timeline on track — no delays, no confusion
🧠 Myth #6: “It’s Not Worth It Because of the VA Funding Fee”
Truth: The funding fee helps keep the program sustainable — and can usually be rolled into the loan.
Even with the fee:
- You pay no monthly PMI
- You can put $0 down
- You often get a lower interest rate than conventional loans
💡 Veterans with service-connected disabilities may be exempt from the fee altogether.
🏢 Why PRMI?
PRMI is a VA-approved direct lender, which means:
- We walk you through the process, eligibility, and paperwork
- We bust myths and give you real answers
- We help military families become homeowners with confidence and clarity
We don’t just know VA loans — we specialize in them.
👇 Not Sure What’s True About VA Loans?
Let’s clear up any confusion, check your eligibility, and show you exactly what you can do with your benefit.