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SA SOLD Realty Group ร— Real Broker
00:00:00
THU 16APR2026
SAN ANTONIO, TX · CST
● VA Specialist
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๐ŸŽ–๏ธ JBSA  ยท  LACKLAND AFB  ยท  FORT SAM HOUSTON  ยท  RANDOLPH AFB  ยท  DYESS AFB  ยท  $0 DOWN WITH VA LOAN  ยท  NO PMI EVER  ยท  TOP 1% TX REALTORยฎ  ยท  US AIR FORCE VETERAN  ยท  FROM SERVICE TO SUCCESS  ยท  210.934.0069  ยท  THE COMMAND POST SATX  ยท  LEAD ยท BUILD ยท EXECUTE  ยท 
Scott Alexander Military REALTOR
Mission Briefing // VA Home Buying

YOUR HOME
MISSION
STARTS HERE

The VA loan is one of the most powerful benefits you've earned. Let's make sure you use every dollar of it.

$0
Down Payment
NO
Private Mortgage
Insurance
5 STAR โ˜…โ˜…โ˜…โ˜…โ˜…
Google Rating
0
Military Families Served
Phase Breakdown
THE VA BUYING
PROCESS
TOP 1%
TX REALTORยฎ
VA
Loan Specialist
USAF
Veteran
COMMAND POST
Host
Phase 01
Verify Your Eligibility
+

Before anything else, confirm you qualify for a VA loan. Eligibility is based on service length, character of discharge, and branch of service.

  • Active duty: 90 continuous days
  • Veterans: 181 days peacetime / 90 days wartime
  • National Guard / Reserve: 6 years or 90 days active
  • Surviving spouses may also qualify
  • Request your COE via VA.gov or through your lender
Phase 02
Get Pre-Approved
+

Pre-approval is your ammunition before hitting the market. A VA-experienced lender will review your income, credit, and entitlement.

  • Use a VA-specialized lender โ€” experience matters
  • No VA minimum credit score, but most lenders want 580โ€“620+
  • Debt-to-income ratio typically capped at 41%
  • Gather: LES / pay stubs, DD-214, W2s, tax returns, COE
  • Pre-approval letter valid ~60โ€“90 days
Phase 03
Find Your Home
+

Work with a VA-savvy agent who understands your timeline, BAH, and the military-specific market near JBSA and Lackland.

  • Home must be your primary residence
  • VA covers single-family, condos, and multi-unit up to 4 units
  • Factor in BAH rates for your housing budget
  • Consider PCS timeline and future rental conversion potential
  • Use a REALTORยฎ who knows VA appraisal requirements
Phase 04
Make an Offer
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Your agent submits an offer on your behalf. We negotiate price, seller concessions, and timelines that work with your service obligations.

  • Sellers can pay up to 4% in concessions
  • VA Escape Clause protects you if appraisal comes in low
  • Earnest money is negotiable โ€” often $500โ€“$2,000
  • Request seller cover VA non-allowable fees
โš  UNDER CONTRACT
DO NOT DO ANY OF THE FOLLOWING
+

Once you're under contract, your lender monitors your financial profile until closing. Any of the following can delay โ€” or kill โ€” your loan approval. This is not the time to make financial moves.

๐Ÿšซ DO NOT DO ANY OF THE FOLLOWING Until You Close:
  • Open any new lines of credit โ€” credit cards, store cards, or any new accounts
  • Apply for or take out any new loans โ€” auto, personal, or otherwise
  • Make large deposits or cash transfers without documentation โ€” lenders must source all funds
  • Make large purchases on existing credit โ€” furniture, appliances, vehicles
  • Co-sign on anyone else's loan or credit application
  • Change jobs or switch to self-employment without notifying your lender
  • Miss any existing bill, loan, or credit card payment โ€” even one late payment can trigger a re-pull
  • Let anyone run a hard inquiry on your credit for any reason
  • Move money between accounts without a paper trail your lender can verify
  • Make any financial decision without first calling Scott or your lender
Why it matters: Your lender will run a final credit check shortly before closing. Any change to your debt load, credit score, or financial profile can change your loan terms โ€” or result in a denial. When in doubt, do nothing and call Scott first at (210) 934-0069.
Phase 05
VA Appraisal & Inspection
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The VA assigns an independent appraiser to confirm value and Minimum Property Requirements (MPRs). Always get a separate home inspection.

  • Appraisal ensures you're not overpaying
  • MPRs cover safety, soundness, and sanitation
  • VA Appraisal: Required by the lender โ€” confirms the home's market value and meets VA Minimum Property Requirements (MPRs). This is NOT a home inspection
  • Third-Party Home Inspection: Separate from the appraisal and optional โ€” but highly recommended. A licensed inspector examines the roof, foundation, HVAC, plumbing, electrical, and more. The VA appraiser will not catch all of this. Scott strongly recommends never skipping it
  • Tidewater Process: lender can submit comps if value is challenged
  • If appraisal is low, negotiate with seller or invoke Escape Clause
Phase 06
Underwriting & Closing
+

Final stretch. Lender reviews all docs, VA approves the loan, you sign at closing. Keys in hand โ€” mission complete.

  • VA Funding Fee due at closing (can be financed in)
  • No down payment required in most cases
  • Closing costs: typically 2โ€“5%, some covered by seller
  • Review Closing Disclosure 3 days before closing
  • Bring valid ID and any required funds to closing
  • Closing typically takes place at the title company
  • Not signing locally? Request a mobile notary โ€” they come to you
  • Some transactions qualify for a remote online notary (RON) โ€” ask your lender and title company if available in your state
PCS or deployed? You don't have to be physically present to close. A mobile notary can come to your location โ€” on base, at your home, or wherever you are. Remote online notarization is also an option depending on state and lender approval. Scott will coordinate this for you.
PCS Survival Checklist
BEFORE YOU PCS
  • Contact Scott 90โ€“120 days before your report date
  • Pull your credit report โ€” fix errors before applying
  • Request your Certificate of Eligibility (COE)
  • Look up your BAH rate for the gaining installation
  • Research neighborhoods within 20 min of base
  • Get VA pre-approval before house hunting
  • Factor in VA appraisal timeline (10โ€“14 days typical)
  • Never waive inspection โ€” even on a VA loan
  • Confirm closing date aligns with your report date
  • If renting first, get a month-to-month lease only
๐Ÿ“ž Call Scott to Start Your PCS Plan
VA Loan Estimator
PAYMENT
CALCULATOR
100% Disabled Veteran
Texas full property tax exemption applies
BAH Pro Tip
YOUR BAH COVERS THIS

Your Basic Allowance for Housing is non-taxable and can be applied directly toward your mortgage. Many JBSA / Lackland service members cover their full payment โ€” or more โ€” with BAH alone. Look up your rate at defensetravel.dod.mil before calculating.

๐Ÿ“ž Get a Real Quote from Scott
What You've Earned
VA LOAN
ADVANTAGES
๐Ÿ 
Zero Down Payment
Buy a home with no down payment. Most conventional loans require 5โ€“20%. That's thousands you keep in your pocket on day one.
๐Ÿšซ
No PMI Ever
PMI costs $100โ€“$300/month on a conventional loan. With a VA loan you never pay it โ€” period. That's tens of thousands saved over the life of the loan.
๐Ÿ“‰
Competitive Rates
VA loans consistently carry lower interest rates than conventional loans. Even a 0.5% difference saves you significantly over 30 years.
โš–๏ธ
Limited Closing Costs
VA limits which fees lenders can charge. Sellers can cover up to 4% of your costs through concessions โ€” often meaning you close with very little out of pocket.
๐Ÿ”„
Assumable Loan
VA loans can be assumed by a buyer when you sell โ€” including civilians. If your rate is 2.5% and market rates are 7%, that's a massive selling advantage.
โ™พ๏ธ
Reusable Benefit
Your VA entitlement isn't used up once. Use it again and again throughout your life โ€” as long as previous loans are paid off or entitlement is restored.
๐Ÿ˜๏ธ
House Hack with VA
Buy a 2โ€“4 unit property at zero down, live in one unit, rent the others. Tenants cover your mortgage โ€” or more. One of the most powerful wealth strategies available exclusively to veterans.
๐Ÿ›ก๏ธ
Foreclosure Protection
The VA has a team dedicated to helping veterans avoid foreclosure, working directly with lenders on your behalf if you hit financial hardship.
โšก
Fast Closing โ€” 30 Days or Less
VA loans typically close within 30 days โ€” and often faster. With an experienced VA agent and lender working together, timelines of 21โ€“28 days are common. That matters when you're on PCS orders and can't afford delays.
๐Ÿ“ž Talk to Scott About Your Options
Intel Brief
VA LOAN
GLOSSARY
Certificate of Eligibility (COE)
โ€บ
Official document from the VA confirming your eligibility for a VA loan. Your lender can often pull it digitally in minutes through the VA's automated system.
Entitlement
โ€บ
The dollar amount the VA guarantees on your loan. Full entitlement means no loan limit in most cases. Remaining entitlement applies if you've used your VA benefit before and haven't fully restored it.
VA Funding Fee
โ€บ
A one-time fee paid to the VA to sustain the loan program. First-time use: 2.15%. Subsequent use: 3.3%. Can be financed into the loan. Veterans with 10%+ service-connected disability are exempt.
Minimum Property Requirements (MPRs)
โ€บ
VA standards a home must meet to qualify. Covers safety, structural soundness, and sanitation โ€” working utilities, no lead paint, safe roof, functional HVAC, and more.
Tidewater Initiative
โ€บ
A VA process triggered when the appraiser believes the purchase price may exceed market value. The lender is notified before the appraisal is finalized and can submit comparable sales to support the value.
VA Escape Clause
โ€บ
A mandatory addendum in all VA purchase contracts. If the VA appraisal comes in below the purchase price, you can walk away without losing your earnest money.
BAH โ€” Basic Allowance for Housing
โ€บ
Monthly non-taxable housing allowance based on rank, dependency status, and duty station ZIP. Can be applied toward your mortgage and is not counted against DTI by most VA lenders.
Debt-to-Income Ratio (DTI)
โ€บ
Monthly debt payments divided by gross monthly income. VA guideline is 41%, but residual income is also factored โ€” meaning veterans can sometimes qualify at higher DTI than conventional borrowers.
Residual Income
โ€บ
Money left after all major expenses. VA uses this as a secondary qualifier โ€” particularly powerful for veterans with higher DTI. Varies by family size and region.
IRRRL โ€” VA Streamline Refinance
โ€บ
Interest Rate Reduction Refinance Loan. Refinance an existing VA loan to a lower rate with minimal paperwork, often no appraisal, and no out-of-pocket cost options. One of the fastest refis available.
2026 Conforming Loan Limit
โ€บ
The FHFA set the 2026 baseline conforming loan limit at $832,750 โ€” up $26,250 (3.25%) from the 2025 limit of $806,500. This is the maximum loan amount eligible for purchase by Fannie Mae or Freddie Mac. Loans above this threshold fall into jumbo territory, which typically requires stricter qualification and higher rates. In high-cost areas, the ceiling is $1,249,125. Note: VA loans do not have a loan limit for eligible veterans with full entitlement โ€” meaning your VA benefit can exceed the conforming limit without requiring a down payment.
VA One-Time Close (OTC) Loan
โ€บ
A VA One-Time Close loan โ€” also called a Construction-to-Permanent loan โ€” allows you to finance the purchase of land, construction of a new home, and the permanent mortgage all in a single loan with one closing. Traditional new construction requires two separate loans and two closings (construction loan + permanent mortgage), which means two sets of closing costs and two rounds of qualification. With a VA OTC, you qualify once, close once, and lock in your permanent rate upfront. This is ideal for veterans who want to build a custom home or who are buying in a new development where construction hasn't started yet. No down payment is required (for eligible borrowers with full entitlement), and the VA funding fee still applies. Not all lenders offer this product โ€” always work with a VA-experienced lender and agent.
Monthly Networking Event

30+ veterans, investors, and military families. Every month. No fluff โ€” just real connections, real deals, real resources.

Monthly
Cadence
FREE
To Attend
What To Expect
Arrival Window
Networking & Arrivals
+

Walk in, make connections, and start building relationships with fellow veterans, investors, entrepreneurs, and military families in the San Antonio community.

  • Open networking โ€” no agenda, no pressure
  • Meet veteran business owners and investors
  • Connect with active duty, reserves, and retirees
Main Event
Speaker & Mission Brief
+

Each month features a speaker, market update, or expert panel covering real estate, investing, VA benefits, and entrepreneurship โ€” all with a military lens.

  • Real estate market updates from Scott Alexander
  • Featured speakers: lenders, investors, VSOs, entrepreneurs
  • Live Q&A โ€” bring your questions, get real answers

Trusted partners who specialize in serving the military community. No random vendors โ€” only vetted professionals Scott personally endorses.

Wrap Up
Open Floor & Follow-Up
+

Close out with open floor time โ€” swap cards, follow up on conversations, and build relationships that move your mission forward.

  • Business card exchange & final networking
  • Connect with Scott directly for real estate questions
  • Join the mailing list for next month's event details
SECURE YOUR SPOT AT THE NEXT COMMAND POST EVENT

Monthly networking events for veterans, active duty, and military families in San Antonio. Free to attend. Call Scott directly or fill out the form below to be added to the event reminder list.

๐Ÿ“ž Call Scott to RSVP
The Movement
Mission Statement
Scott Alexander
Scott Alexander
USAF Veteran ยท TX REALTORยฎ ยท Top 1%

The military trains you to execute under pressure, lead without ego, and never leave your people behind. From Service to Success is the bridge between that identity and your next mission โ€” building wealth, building community, and building a legacy that outlasts your service.

Scott Alexander went from C-130J engine mechanic and FTAC instructor to Top 1% Texas REALTORยฎ โ€” not by leaving the military mindset behind, but by deploying it in a new AO. This platform exists to show every veteran and active duty service member that the skills you built in uniform are the exact skills that build generational wealth.

The Three Pillars
๐Ÿ 
Real Estate as a Weapon
Use your VA loan benefit, BAH, and military discipline to build a real estate portfolio โ€” starting with your first home and scaling from there.
๐Ÿค
Community Over Competition
The Command Post and veteran business networks aren't optional โ€” they're force multipliers. Your next deal comes from your next connection.
๐Ÿ“ˆ
Wealth Is the Mission
Every PCS is an opportunity. Every BAH check is leverage. Every VA loan is a zero-down entry point into an asset class that builds wealth while you sleep.
Follow the Mission
Veteran Resources
VA Disability & Benefits (VSO)
โ€บ
Veterans Service Organizations help you file and maximize VA disability claims at no cost. A 10%+ rating exempts you from the VA Funding Fee, potentially saving thousands. Connect with a VSO at va.gov or at The Command Post events.
Transition Assistance Program (TAP)
โ€บ
Mandatory pre-separation program covering employment, education, and finances. Use it as a launching pad โ€” not a finish line. Supplement TAP with real estate education and mentorship to hit the ground running after ETS or retirement.
SBA Loans for Veteran Entrepreneurs
โ€บ
Veterans receive fee reductions and priority processing on SBA 7(a) and 504 loans. The SBA 504 is ideal for commercial real estate โ€” a powerful tool for veteran business owners looking to own their own space.
Real Broker Revenue Share
โ€บ
Scott's brokerage โ€” Real Broker โ€” offers agents revenue share and stock awards on top of an industry-leading 85/15 commission split. Veterans transitioning into real estate can join Scott's team and build income through production and referrals simultaneously.
House Hacking with a VA Loan
โ€บ
Buy a 2โ€“4 unit property with your VA loan at zero down, live in one unit, rent the others. Tenants cover your mortgage โ€” or more. One of the most powerful wealth-building strategies available exclusively to veterans and active duty members.
Your Neighborhood Friendly TX REALTORยฎ
From Service to Success

Scott Alexander ยท SA SOLD Realty Group ยท Real Broker
JBSA / Lackland AFB ยท San Antonio & Abilene, TX

WHAT THEY
ARE SAYING
5.0
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Google Business Rating
โ˜… Leave a Google Review
Rich Davison
3 days ago ยท Referral Partner
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"Great referral experience with Scott. He maintained constant communication and provided regular updates throughout the process. He consistently went above and beyond to ensure everything was handled properly and made right for the clients. Highly recommend working with him!"

Yvonne Gonzalez
1 month ago ยท Local Guide ยท PCS Relocation from Florida
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"Mr. Alexander was fantastic to work with! We needed a home to drive up to while relocating from Florida โ€” that was my biggest fear โ€” not having a home while making the drive to Texas. Mr. Alexander stayed in communication with us from start to finish and was very patient with us. Within 24 hrs we qualified for a home. Definitely would recommend Mr. Alexander to anyone looking for a home! Thanks Again!"

Wonnie Ruiz
3 months ago ยท VA Loan Buyer
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"One of the best real estate agents out there. Knows more about VA loans than any other agent I have spoke to. He was also prior military. HIGHLY RECOMMEND. He responds to you right away and doesn't leave you hanging."

AJ White
3 months ago ยท Home Buyer
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"Can't express how helpful and supportive Scott was throughout the process, would recommend him to anyone who is looking for a new home."

Daniela Bowen
3 months ago ยท Local Guide ยท Home Buyer
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"There are lots of realtors, but Scott really stands out because he's genuinely invested in his clients. He dedicates himself to finding the perfect home for you, treating it with the same care and attention as if it were his own. His friendly, respectful demeanor and deep understanding of what clients need make him incredibly easy to talk to. We're happy to work with him!"

Janmaica Prater
3 months ago ยท Home Buyer
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"Scott was seriously great to work with. He made the whole process feel so much easier than I expected, and somehow even took the stress out of it. He was always quick to reply, answered all our questions without ever making us feel annoying, and never once pressured us. He really listened to what our family needed and made sure we felt comfortable the entire time. What I appreciated most is how genuine he is โ€” you can tell he actually cares about people, not just about getting a deal done. If you're looking for someone you can trust who will truly have your back, Scott is the one. We're so thankful we had him."

Janmaica Prater family celebrating their new home
Angel Sasone
3 months ago ยท Active Duty Military ยท Dallas TX
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"Military fam don't hesitate to hit up Scott if you're in Texas!! He even traveled to Dallas to help me get my house, so don't hesitate to hit him up if you get stationed anywhere in Texas. He'll try his best to make it there. He'll also help ya find the best deals in your area as well. I'm even thinking of trying to get his help for house #2 later this year! Congrats on your future home!"

Angel Sasone and Scott at new home
Roland Gonzales
4 months ago ยท Veteran ยท VA Loan Buyer
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"I just want to give a big thanks to Scott for being an outstanding realtor and a fellow veteran who truly gets the VA home loan process. He made my home-buying experience smooth and stress-free with his professionalism and deep knowledge."

David Le
6 months ago ยท 5-Time Client
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"Can't say enough on how much of a pleasure it is working with Scott as my realtor. I not only used him once, but five separate times! Every time he's delivered. Communication is on point and his dedication to finding the home for you is unmatched. Highly recommend Scott to be anyone's realtor!"

James Smith
6 months ago ยท Active Duty Airman ยท Dyess AFB Abilene
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"I'd like to start off by pointing out that I'm a 20 year old active duty airman stationed in Abilene, with ZERO knowledge of real estate, let alone owning a house. From first contact, Scott was nothing but kind, professional, knowledgeable and helpful when it came to the entire process. He did a fantastic job at explaining everything, not only to the point I could understand, but to the point I could LEARN, and inspire me to pursue real estate myself. The entire process was incredibly smooth, and honestly felt super easy with Scott's help. He made me feel very comfortable with the process, and really let me know how far he'll go for his clients. If you're looking to buy or sell a home, I wouldn't recommend anyone else than Mr. Scott Alexander."

๐Ÿ“ž Talk to Scott Today
VA LOAN FAQ
๐Ÿšซ MYTHS โ€” BUSTED

These are the lies that cost veterans their benefits every year. Know the truth.

MYTH: VA loans take forever to close โ€บ
BUSTED. VA loans typically close in 30 days or less โ€” the same as conventional loans. With an experienced VA lender and agent working together, 21โ€“28 days is common. The key is having a knowledgeable team. Don't let a seller's agent talk you out of a VA offer because of this myth.
MYTH: VA loans are only for first-time buyers โ€บ
BUSTED. You can use your VA loan benefit multiple times throughout your life. As long as your previous VA loan is paid off or your entitlement is restored, you can use it again โ€” and again. Many veterans are on their 3rd or 4th VA loan.
MYTH: VA loans require perfect credit โ€บ
BUSTED. The VA itself has no minimum credit score requirement. Most lenders set their own minimum around 580โ€“620, which is far more lenient than conventional loans. The VA also uses residual income โ€” money left over after expenses โ€” as an additional qualifier that benefits veterans with higher debt loads.
MYTH: Sellers won't accept VA offers โ€บ
BUSTED. This is a negotiating tactic โ€” not reality. VA offers close reliably and on time when you have the right agent and lender. Scott has closed hundreds of VA transactions. The key is having a strong pre-approval letter, competitive terms, and a REALTORยฎ who knows how to present VA offers professionally.
MYTH: You need a down payment with a VA loan โ€บ
BUSTED. VA loans require zero down payment on the full purchase price in most cases. You earned this benefit through your service โ€” use it. While you can put money down if you choose to lower your monthly payment, it is never required.
MYTH: The VA funding fee makes it not worth it โ€บ
BUSTED. Even with the funding fee financed in, the savings from no down payment, no PMI, and a lower interest rate far outweigh the cost over the life of the loan. And if you have a 10%+ service-connected disability rating, the funding fee is completely waived.
MYTH: VA loans can only be used for single-family homes โ€บ
BUSTED. VA loans can be used to purchase single-family homes, condos (VA-approved), and multi-unit properties up to 4 units โ€” as long as you occupy one unit as your primary residence. This means you can house hack with a VA loan and have tenants pay your mortgage.
MYTH: You can only have one VA loan at a time โ€บ
BUSTED. You can have multiple active VA loans at the same time โ€” as long as you have enough remaining entitlement. You do NOT need to pay off your existing VA loan first. PCSing to a new base? You may be able to keep your current home as a rental and buy a new primary residence with another VA loan using your remaining entitlement. This is one of the most underused strategies in military real estate. Talk to Scott about how your entitlement works.
โœ… REAL QUESTIONS โ€” REAL ANSWERS
Do I need to be active duty to use a VA loan? โ€บ
No. Veterans, active duty service members, National Guard and Reserve members, and surviving spouses may all be eligible. Eligibility depends on your length of service, character of discharge, and branch. Request your Certificate of Eligibility (COE) at VA.gov or through your lender.
How much can I borrow with a VA loan? โ€บ
Veterans with full entitlement have no VA loan limit โ€” you can borrow as much as your lender approves based on your income and credit. If you have remaining entitlement from a prior VA loan, county loan limits may apply. In most Texas counties the conforming limit is $832,750 (2026) โ€” up from $806,500 in 2025. High-cost areas go up to $1,249,125.
What is the VA Funding Fee and can I avoid it? โ€บ
The VA Funding Fee is a one-time fee paid to sustain the VA loan program โ€” 2.15% for first use, 3.3% for subsequent use. It can be financed into the loan. You are completely exempt if you receive VA disability compensation at any rating, or if you are a surviving spouse receiving DIC. Always confirm your exemption status before closing.
Can I use my BAH toward my mortgage? โ€บ
Yes. Your Basic Allowance for Housing (BAH) is non-taxable income and can be applied directly toward your mortgage payment. Most VA lenders count BAH as qualifying income. Many active duty members at JBSA and Lackland AFB cover their entire mortgage payment โ€” or more โ€” with BAH alone.
What is the VA appraisal and how is it different from an inspection? โ€บ
The VA appraisal is required by your lender to confirm the home's market value and that it meets VA Minimum Property Requirements (MPRs) for safety and livability. It is NOT a home inspection. A third-party home inspection is separate, optional but strongly recommended โ€” it examines every system in the home including roof, foundation, HVAC, plumbing, and electrical.
What happens if the VA appraisal comes in low? โ€บ
If the VA appraisal comes in below the purchase price, you have options: negotiate the price down with the seller, pay the difference out of pocket, or walk away using the VA Escape Clause โ€” which lets you exit the contract without losing your earnest money. The Tidewater Process also allows your lender to submit comparable sales before the appraisal is finalized.
Can I buy a new construction home with a VA loan? โ€บ
Yes. VA loans can be used to purchase new construction homes. The home must meet VA Minimum Property Requirements and be appraised by a VA-assigned appraiser. Some builders โ€” like DR Horton โ€” have experience with VA transactions and can streamline the process. Always have a buyer's agent represent you even on new builds. It costs you nothing and protects your interests.
What is an assumable VA loan and why does it matter? โ€บ
A VA loan is assumable โ€” meaning a buyer can take over your existing loan and its interest rate when you sell. If you locked in a 2.5% rate and current rates are 7%, that assumption is an enormous selling advantage. The buyer (even a civilian) assumes your loan terms. This makes VA loans uniquely valuable as both buying tools and selling tools.
How do I restore my VA entitlement โ€” and can I have multiple VA loans? โ€บ
Important: You do NOT need to pay off your existing VA loan to use the benefit again. You can have multiple active VA loans simultaneously as long as you have sufficient remaining entitlement. For example, if you PCS to a new duty station, you may be able to keep your current VA-financed home as a rental and buy a new primary residence with another VA loan using your remaining entitlement โ€” no payoff required.

Entitlement is fully restored when you sell the home and pay off the VA loan in full, or when another qualified veteran assumes your loan. You can also apply for a one-time restoration if the prior loan is paid off but you still own the property. Check your current entitlement status on your Certificate of Eligibility (COE) โ€” your lender can pull this for you in minutes.
What documents do I need to apply for a VA loan? โ€บ
Standard documents include: Certificate of Eligibility (COE), DD-214 for veterans, LES (Leave and Earnings Statement) for active duty, last 2 years W-2s and federal tax returns, 30 days of pay stubs, 2โ€“3 months bank statements, valid government-issued ID. Your lender can often pull the COE digitally. Scott can connect you with a VA-specialized lender who will walk you through every step.
What is a VA One-Time Close (OTC) Loan? โ€บ
A VA One-Time Close loan โ€” also called a VA Construction-to-Permanent loan โ€” lets you finance the land purchase, home construction, and permanent mortgage all in a single loan with one closing. Here is why that matters:

Traditional new construction (without OTC): Requires two separate loans โ€” a construction loan first, then a permanent mortgage once the home is built. That means two closings, two sets of closing costs, and qualifying twice.

With a VA OTC: You qualify once, close once, and your permanent rate is locked in from the start. No second closing. No second round of paperwork.

Key facts:
โ€ข No down payment required for eligible veterans with full entitlement
โ€ข VA Funding Fee still applies
โ€ข The home must be your primary residence
โ€ข Construction must be completed by a licensed, VA-approved builder
โ€ข Loan covers land, labor, materials, and the permanent mortgage
โ€ข Not all lenders offer this product โ€” you need a VA-experienced lender

This is ideal if you are buying in a new development where the home has not been built yet, or if you want to build custom on a lot. Ask Scott to connect you with a lender who specializes in VA OTC loans.
In a VA loan assumption, do you have to come up with the difference between the purchase price and the loan balance? โ€บ
Yes โ€” and this is the biggest thing buyers miss when they get excited about assuming a 2.5% rate. The seller's loan balance is almost never equal to the purchase price. That gap โ€” called the equity difference or assumption gap โ€” has to be covered by the buyer out of pocket or through a second loan.

Example: Home sells for $400,000. Seller's remaining VA loan balance is $280,000. The buyer assumes the $280,000 loan at the seller's low rate โ€” but still needs to bring $120,000 to the table. That's a significant cash requirement most buyers don't have sitting around.

Options to bridge the gap:
โ€ข Cash: Pay the equity difference upfront at closing.
โ€ข Second mortgage: Some lenders will layer a second loan on top of the assumed loan to cover part or all of the gap โ€” but these come at current market rates, which can erode the rate savings.
โ€ข Seller-held second: In some cases the seller will carry a second note themselves. Less common but possible.

Bottom line: A VA assumption can be a powerful tool โ€” especially on a home with a small gap or a buyer with cash reserves โ€” but it is not a free pass to a low rate. Run the full numbers including the gap before deciding if it pencils out. Scott can help you evaluate whether an assumption actually saves you money versus a traditional VA purchase in today's market.
Does GI Bill housing allowance (MHA) count as income when qualifying for a VA home loan? โ€บ
No โ€” and this catches a lot of veterans off guard. The Monthly Housing Allowance (MHA) you receive under the Post-9/11 GI Bill does not count as qualifying income for a VA loan.

VA loan guidelines require all income to be stable, verifiable, and likely to continue for the foreseeable future. GI Bill MHA fails that test on two counts: it is tied to active school enrollment and it expires when your benefits run out. A lender cannot build a 30-year mortgage around a stipend that ends when the semester does.

This is different from active-duty BAH. If you are still on active duty, your BAH absolutely counts โ€” it is stable, documented on your LES, and lenders can gross it up by up to 25% because it is non-taxable, which directly improves your debt-to-income ratio.

If you are using the GI Bill and trying to buy a home, your loan file needs to qualify on:
โ€ข Employment income (full-time or part-time with a 2-year history)
โ€ข VA disability compensation (non-taxable, can also be grossed up 25%)
โ€ข Military retirement or pension
โ€ข Spousal income

The GI Bill MHA can absolutely help you cover living costs while you build toward homeownership โ€” but it cannot be the income that gets you approved. If you are transitioning out and using your GI Bill, talk to Scott before you apply so your file is structured correctly from the start.
Ask Scott a VA Question Directly
BAH CALCULATOR

Your Basic Allowance for Housing (BAH) is non-taxable and can be applied directly toward your mortgage. Enter your info below to see your estimated BAH and what it means for your buying power.

Estimated Monthly BAH
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Est. Home Price (BAH covers full PITI)
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Verify Exact Rate at DoD BAH Calculator
Talk to Scott About Your BAH & Buying Power
  • BAH is non-taxable โ€” worth more than equivalent taxable income
  • BAH rates are set annually by DoD based on local rental market data
  • With dependents BAH is typically $200โ€“$500/mo higher than without
  • BAH covers approximately the 80th percentile of local rental costs
  • Most VA lenders count BAH as qualifying income for your loan
  • Unused BAH is yours to keep โ€” use it toward a mortgage and build equity instead of renting
AM I ELIGIBLE?

Answer 4 quick questions to find out if you qualify for a VA home loan.

Question 1 of 4
What is your military status?
MILITARY BASES
SAN ANTONIO

San Antonio is home to Joint Base San Antonio (JBSA) โ€” one of the largest military installations in the world. Scott specializes in finding homes close to your base, within your BAH range, using your VA loan benefit.

๐Ÿ—บ๏ธ VIEW ALL BASES ON GOOGLE MAPS
๐Ÿ”ด JBSA LACKLAND AFB โ€” SW San Antonio
๐ŸŸก FT. SAM HOUSTON
๐ŸŸก RANDOLPH AFB
๐ŸŸก CAMP BULLIS
๐ŸŸก CHAPMAN ANNEX
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JBSA โ€” LACKLAND AFB
Air Force ยท Basic Military Training
SW San Antonio

Home to BMT, Security Forces training, and the largest USAF training installation in the world. Most active duty airmen PCSing to JBSA report here. Scott's wife is stationed at Lackland.

JBSA โ€” FORT SAM HOUSTON
Army ยท Medical Training ยท HQ JBSA
NE San Antonio

Home to Army Medical Command and Brooke Army Medical Center (BAMC). HQ for all of JBSA. Popular neighborhoods nearby: Alamo Heights, Terrell Hills, Converse, Universal City.

JBSA โ€” RANDOLPH AFB
Air Force ยท Air Education Training Command
NE ยท Universal City

Home to AETC HQ and pilot training. Known for its iconic "Taj Mahal" headquarters tower. Popular nearby areas: Universal City, Schertz, Cibolo, Converse โ€” all strong VA loan markets.

JBSA โ€” CAMP BULLIS
Army ยท Field Training ยท Medical
NW ยท Stone Oak

Field training installation on the north side of San Antonio. Medical corps trains here. Popular nearby areas: Stone Oak, Bulverde, Spring Branch, Helotes โ€” newer construction, great schools, strong VA loan inventory.

JBSA โ€” CHAPMAN TRAINING ANNEX
Air Force ยท Security Forces Training
SW San Antonio

Adjacent to Lackland. Security Forces and K-9 training. Accessed through Lackland main gate.

KNOW YOUR BAH BEFORE YOU SEARCH

Your BAH determines what you can afford near your base. Use the calculator to see your monthly allowance and estimated home price.

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Scott Alexander
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Scott Alexander
TX REALTORยฎ ยท USAF Veteran ยท VA Loan Specialist
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Service Areas

San Antonio, TX โ€” JBSA, Lackland AFB, Fort Sam Houston, Randolph AFB & surrounding communities

Abilene, TX โ€” Dyess AFB & surrounding area

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