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Can I purchase any property with a VA loan?

Foreclosures/Short Sales

Foreclosures and Short Sales can be purchased using a VA loan as long as the property meets VA requirements.

Single Family Residences

Resale

All Single Family Residences are eligible for the VA home loan with no extra requirements.  

New Construction

The builder needs to be VA approved and pass along certain warranties.  Those include either a one-year VA builders warranty or a ten-year insurance-back protection plan.Most well-known builders are approved and meet the criteria for doing VA loans without any issues.

 

Condominiums

Condominium complexes need to be VA approved before a Veteran can buy it.  This applies to the entire complex, not just a single unit (there are no VA spot approvals). The VA wants to ensure the Veteran is set up for long term success, so they look for projects that have the organizational structure, rules, and budgets in place to achieve this. Once a complex is approved, it remains on the approved list indefinitely. 

Below is a list of all the approved condominum projects in Downtown San Diego. Please click on the building name to view available properties for sale. 

If you have a question concerning the VA eligibility of a condominium complex in any other part of San Diego County. please contact us use the form above

 

VA Approved Condominiums in Downtown San Diego (View All)

East Village

Little Italy

Cortez Hill

Marina District

Columbia