The Ultimate Guide to VA Loans in Arizona (2026-2027)

A VA loan is the most powerful mortgage product on the market, but it's an exclusive benefit for those who have served our country. As a lender who specializes in VA loans, I'm passionate about helping veterans use this hard-earned benefit to buy a home in Arizona with zero money down.

What is a VA Loan?

A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA). It's not a loan *from* the VA, but rather a loan *from* a lender (like us) that follows the VA's flexible guidelines. This guarantee gives lenders the confidence to offer incredible benefits.

The Benefits: Why a VA Loan Wins

• 0% Down Payment: This is the most famous benefit. You can buy a home with no down payment, which is almost impossible with any other loan.
• No Monthly Mortgage Insurance (PMI): This saves you hundreds of dollars every month compared to FHA or conventional loans.
• Competitive Interest Rates: VA loans typically have lower interest rates than conventional loans.
• Flexible Credit Requirements: The VA doesn't set a minimum credit score, making it easier to qualify.

Who is Eligible?

Eligibility is generally open to:

• Active-duty service members
• Veterans who meet minimum service requirements
• Members of the National Guard and Reserves
• Eligible surviving spouses

You will need a Certificate of Eligibility (COE) from the VA, which we can help you obtain, often in just a few minutes.

Using a VA Loan to Buy a Condo in Phoenix

Yes, you can absolutely use a VA loan to buy a condo in Phoenix or Scottsdale, but there's one key requirement: the condo complex must be on the VA-approved list.

This is a common hurdle that trips up many buyers. The VA has a specific list of approved condo developments, and if the one you love isn't on it, you can't use a VA loan. The VA does this to ensure the complex is financially stable and well-managed, protecting veterans from investing in a risky property.

How to Check if a Condo is VA-Approved

Before you make an offer, it's critical to check the VA's approved condo list. We can do this for you. If a condo is not on the list, there is a process to get it approved, but it can be lengthy and is not guaranteed. It's much easier to focus your search on complexes that are already approved. Working with a loan officer who is experienced with this process is crucial. We can instantly check the approval status of any condo in Maricopa County for you and your realtor, saving you time and preventing heartbreak.