VA home loan for a multifamily property.

[Abraham Kaplan]

I'm looking to buy a 2-4 unit property using a VA loan. I have a couple of questions.

1. Does it matter what type of lender? Credit union, big bank or a mortgage company such as rocket mortgage.

2. My COE says my basic entitlement is $36,000. Is the zero down payment determined by my entitlement or the max the VA will lend per county?

[Zack Karp]

@Abraham Kaplan if you have full entitlement, there is no max loan amount.  You could buy a $4M 4-unit with zero down if you wanted (as long as you can qualify).

The type of lender can matter. Big banks and credit unions could have overlays on top of the actual VA guidelines. Larger mortgage companies like Rocket you're working with a call center and you're just a number to them, you won't get the same type of service and knowledge as working with an experienced loan officer that specializes in VA and with investors. This part especially matters when using rental income for qualifying and/or other nuances that can make or break your investing journey. Just my 2 cents...

TYFYS and best of luck!