VA loans are one of the best benefits available to Veterans and service members yet misinformation still scares people away. Here are the biggest myths, simplified.

Myth 1: “VA appraisals are slow and overly strict.”

Truth: VA appraisals move at similar speeds to other loan types and simply ensure the home is safe and livable. They also offer the Tidewater process to help resolve low appraisals.

Myth 2: “You need perfect credit.”

Truth: VA loans are more flexible than conventional loans, often approved with scores around 580–620.

Myth 3: “The funding fee is too expensive.”

Truth: It can be financed, reduced with a down payment, and waived for many disabled Veterans. It often costs less than PMI.

Myth 4: “Sellers have to pay extra fees.”

Truth: Outdated myth. Sellers are not required to pay special costs for VA buyers.

Myth 5: “VA loans take longer to close.”

Truth: With an experienced lender, VA loans close just as fast as other types.

Myth 6: “You can only use your VA loan once.”

Truth: You can reuse it for life—sometimes even hold multiple VA loans at once.

Myth 7: “VA buyers are weaker offers.”

Truth: VA borrowers are historically strong, with low default rates and solid financial guidelines.

VA loans are powerful, flexible, and designed to help Veterans succeed. Don’t let old myths get in the way of your homeownership goals. — Julie Robertson – USAF Retired | Realtor® | ABR | MRP