Veterans and VA loans
Veterans: own a duplex, triplex or fourplex with your VA loan
Live in one unit and rent the others. For qualifying borrowers, a VA loan can mean no down payment. Broaderick helps Houston veterans find, run and buy the right 2 to 4 unit home.
Proud to serve
Veterans and military families
VA loans, PCS moves, house hacking and assumable VA loans.
How VA house hacking works
Six steps to your first fourplex
- Get your Certificate of Eligibility through VA.gov or your lender.
- Get preapproved with a lender who closes VA loans on 2 to 4 unit homes.
- Set alerts for duplexes, triplexes and fourplexes in your target areas.
- Run every property through the calculator before you tour.
- Offer, inspect and pass the VA appraisal.
- Move into one unit as your primary home, as VA occupancy rules require.
Sunnyside and Northeast Houston are two areas with small multifamily at lower entry prices.
VA questions we hear every week
Can I buy a fourplex with a VA loan in Houston?
Yes. A VA loan can be used on a home with up to 4 units as long as you live in one unit as your primary home. Lenders may count part of the expected rent from the other units, and they set reserve rules, so we check with a VA lender early.
Is there really no down payment?
For qualifying borrowers with full entitlement, a VA loan can mean no down payment. Your lender confirms your entitlement and approval.
What is the VA funding fee?
A one time fee paid to VA, usually rolled into the loan. For a first use purchase with less than 5 percent down it is 2.15 percent of the loan amount. Veterans receiving VA disability compensation are generally exempt.
How do I get my Certificate of Eligibility?
Through VA.gov or through your lender, who can often pull it in minutes.
Can I assume someone else's VA loan?
Often yes, with lender approval. An assumable VA loan can carry a lower rate. See our assumable VA loan guide in the blog.
Sources: VA funding fee and closing costs, VA.gov. Your lender sets your rate, fees and approval.
Talk to Broaderick
Talk VA with Broaderick
Bring your questions about entitlement, the funding fee, fourplexes or a PCS move. You leave with a plan and a short list.
- Your budget and full monthly payment, including taxes, MUD and insurance
- Which loan fits: VA, FHA, conventional or new build incentives
- The neighborhoods that match your commute and schools
- The simple written buyer agreement required before touring, in plain English
Prefer to talk now? Call or text (409) 419 4886.
Ready when you are.
Search homes, get your home value, or grab 30 minutes with Broaderick. No pressure, just a plan.