When shopping for the perfect home to buy, it is always recommended to get prequalified by a lender first so that you don’t waste your time looking at properties that may not be in your price range. In the same token, when shopping for a condo and you know that you will be getting financing through a VA loan – you must first check to see if the particular condominium you are interested in is eligible for VA financing.
Even though most condos in Hawaii are VA eligible, you want to double check ahead of time. The last thing you want to do is fall in love with a particular condominium only to find out after the fact, that this condominium is not on the VA approved condo list.
HawaiiVALoans.com makes checking the VA eligibility easy by introducing the Condo Eligibility Check Tool. With this particular tool, you just type the first few letters of the condo name and the suggestion tool will automatically return the most relevant results. Once you see the condo name you are searching for, click the name and just like that – you can find out if the condo is approved for VA financing or not.
Now if you cannot find the condo name in the search box, not to worry. It just means that this particular condo has yet to be reviewed by the VA Regional office here in Hawaii. Feel free to contact us if there is condo that you would like to be added to the VA approved condo list here in Hawaii.