Current VA Loan Requirements in Orlando, FL

VA loans are among the most valuable benefits for Veterans and service members, but they do have eligibility standards. Understanding today’s VA loan requirements in Orlando helps you plan with confidence and avoid surprises in the homebuying process.

Service Requirements and COE

• 90 days of consecutive active duty during wartime
• 181 days of service during peacetime
• 6 years in the Reserves or National Guard
• Surviving spouses of qualifying service members

Once service is established, borrowers need a Certificate of Eligibility (COE), which verifies VA support of your loan.

Credit and Income Standards

• No VA minimum credit score, but lenders often look for 620+
• Debt-to-income ratio ideally below 41%
• Residual income calculation ensures monthly cushion after expenses
• Stable, documentable income helps establish repayment ability

Funding Fee

Most VA loans Orlando include a one-time funding fee between 1.25%–3.3% unless exempt. This can be financed into the loan or paid upfront.

Property Requirements

• Must be a primary residence
• VA appraisal confirms safety, structural integrity, and habitability
• Heating, water, and utilities must be in working order

Occupancy and Other Requirements

• Borrower must occupy the Orlando property within 60 days
• Lenders check federal databases (CAIVRS) for defaults or judgments

Real-Life Orlando Example

A Veteran in Central Florida had a higher-than-ideal DTI but strong residual income. The VA guidelines allowed approval, proving how requirements are flexible yet protective.

VA Loans Orlando: FAQs

Do I need perfect credit? No. Stronger credit helps, but VA guidelines allow flexibility.

Can I buy a condo in Orlando? Yes, if the condo project is VA-approved.

Can I use VA loans more than once? Yes, with restored or remaining entitlement.

Ready to Check Your Eligibility?

Bluestar Home Mortgage can walk you through every VA requirement for Orlando buyers.