How the VA Loan Process Works in Nevada
Ready to use your VA home loan benefit but not sure where to start? We’ve broken down the entire VA loan process into simple, easy-to-follow steps so you know exactly what to expect from pre-approval to closing day.
Step 1: Check Your Eligibility
The first step is making sure you qualify for a VA loan. We’ll verify your military service, income, and credit to determine if you meet VA guidelines.
Active Duty
If you’ve served at least 90 continuous days during wartime or 181 days during peacetime, you’re likely eligible.
Most active-duty members can qualify once they receive a Certificate of Eligibility (COE) from the VA.
✅ Most veterans with a DD-214 and honorable discharge qualify!
Veterans
Veterans with a DD-214 showing honorable discharge and sufficient service time (usually 90+ days wartime or 181+ peacetime) are eligible for a VA loan.
✅ Already have a COE? You’re ready to go.
❓ Not sure? We’ll help you verify it.
Reserve / National Guard
Guard or Reserve members are eligible if they’ve:
Served 6+ years, or
Completed 90 days of active duty under Title 10 or Title 32
📄 We can help you gather the right documents to get started.
Step 2: Get Pre-Approved
Once we confirm you’re eligible, we’ll help you get pre-approved so you know exactly how much home you can afford.
🧾 Income & employment history
Recent pay stubs or LES (if active duty)
Last 2 years of W-2s or tax returns (if self-employed)
Military income, disability pay, or retirement income
💳 Credit score
Overall score (580+ is typically required)
Payment history and any open debts
Your debt-to-income (DTI) ratio
🏦 Assets like savings and checking accounts
Know your price range
Make stronger offers
Show sellers you’re serious
✅ Don’t worry — this part is quick, and we guide you through everything step by step.
VA loans don’t require a down payment, but it’s good to show you have funds for closing costs or emergencies.
Step 3: Start House Hunting
Once you’re pre-approved, it’s time to start looking for your new home.
You’ll work with a real estate agent to explore homes that fit your budget and lifestyle.
Things to keep in mind with VA loans:
✅ We can connect you with VA-friendly agents who know the process.
Want a referral to a local VA-savvy agent?
Step 4: Submit an Offer & Sign the Purchase Contract
Once you find the perfect home, your agent will help you submit a competitive offer. If the seller accepts, you’ll move into a purchase agreement — this officially puts the home “under contract.”
Here’s what happens in this step:
Step 5: Appraisal, Final Approval & Clear to Close
Once you’re under contract, we move into the final approval stage.
First, the VA Appraisal is ordered. This confirms that the home:
Once you’re under contract, we move into the final approval stage.
First, the VA Appraisal is ordered. This confirms that the home:
Meets VA’s Minimum Property Requirements (MPRs)
Is worth the price you agreed to pay
Meanwhile, we’ll also:
🔍 Finalize your income, credit, and assets in underwriting
📝 Request any final documents we need
📑 Issue your final approval once everything checks out
✅ After that, you’ll get what’s called a “Clear to Close” — this means the loan is fully approved, and we can schedule your closing day!
We’ll guide you through every step to make sure nothing gets missed.
We’ll guide you through every step to make sure nothing gets missed.
Step 5: Appraisal, Final Approval & Clear to Close
Once you’re under contract, we move into the final approval stage.
First, the VA Appraisal is ordered. This confirms that the home:
First, the VA Appraisal is ordered. This confirms that the home:
1. Meets VA’s Minimum Property Requirements (MPRs)
2. Is worth the price you agreed to pay
Meanwhile, we’ll also:
Finalize your income, credit, and assets in underwriting
📝 Request any final documents we need
📑 Issue your final approval once everything checks out
✅ After that, you’ll get what’s called a “Clear to Close” — this means the loan is fully approved, and we can schedule your closing day!
