VA loans allow a veteran to purchase a home without having to come up with a down payment in most cases (jumbo VA loans being the exception). The guidelines allow the veteran to qualify with their spouse, but they cannot have someone that isn’t their spouse on the loan for qualifying purposes.
MAX LOAN AMOUNT:
3.3% of the base loan amount for Subsequent VA buyers (can be financed)
** – Reservists have a slightly higher VA funding fee (see here)