VA Loans

VA loan eligibility extends to veterans who served at least 90 consecutive days of active service during wartime or 181 days during peacetime, active-duty service members, National Guard and Reserve members with 6+ years of service, and surviving spouses of service members who died in the line of duty or from a service-connected disability. Skyline Mortgage can verify your eligibility and obtain your Certificate of Eligibility (COE) on your behalf.

The VA funding fee is a one-time fee paid to the Department of Veterans Affairs to sustain the VA loan program. It ranges from 1.25% to 3.3% of the loan amount depending on your down payment and whether it is your first VA loan. The funding fee can be rolled into the loan amount. Veterans with a service-connected disability rating of 10% or higher are exempt from the funding fee entirely.

For veterans with full entitlement (no active VA loans), there is no VA loan limit — you can borrow as much as a lender will approve. For veterans with partial entitlement (an existing VA loan), county loan limits may apply. In most Florida counties, the 2026 conforming loan limit is $832,750.

Yes. VA loans can be used to purchase 2, 3, or 4-unit properties as long as you occupy one unit as your primary residence. This allows veterans to generate rental income from the other units while using their VA benefit.

The VA IRRRL, also called a VA Streamline Refinance, allows existing VA loan holders to refinance to a lower rate with minimal documentation and no appraisal in most cases. It is one of the fastest and simplest refinance options available. Skyline Mortgage can process a VA IRRRL quickly and efficiently.

VA loans typically close in 30–45 days. The VA appraisal process can sometimes add time, but Skyline Mortgage works proactively to order the appraisal early and keep the process on track. A well-prepared file with all documentation ready can close in as little as 21 days.