7 VA Loan Mistakes Military Families MUST Avoid (These Can Cost You Thousands)

by Alexa Peña

If you’re active duty, a veteran, or a surviving spouse, the VA loan is one of the most powerful benefits available to you — but only if you use it correctly.

What most military families don’t know is that a few simple mistakes can cost thousands of dollars in unnecessary fees, interest, or long-term problems.

That’s why I created this new blog and video:

“7 VA Loan Mistakes That Cost Military Families Thousands.”

This guide breaks down the biggest pitfalls, the red flags to watch for, and the steps you can take to get the best deal possible with your VA loan.

7 VA Loan Mistakes That Cost Military Families Thousands

Whether you're purchasing your first home or refinancing, these are the mistakes that can quietly drain your wallet — and how to avoid them with confidence.

1️⃣ Not Knowing Your VA Loan Eligibility

Many service members assume they don’t qualify or that their benefits expired.

But VA eligibility is much broader than people think.

You may qualify if you’re:

✔️ Active duty

✔️ Reserve or National Guard

✔️ Veteran

✔️ Surviving spouse

Tip: Always request your COE (Certificate of Eligibility) early so you know exactly what benefits you’re entitled to.

2️⃣ Choosing a Lender Who Doesn’t Specialize in VA Loans

Not all lenders understand VA guidelines — and that can cost you BIG.

From unnecessary fees to incorrect underwriting, the wrong lender can delay your closing or overcharge you.

Look for:

A lender with strong VA experience
Competitive rates
No unnecessary overlays
Transparent fees

Your benefit deserves expertise — not guesswork

3️⃣ Paying the Wrong Fees (Or Paying More Than You Should)

VA loans limit what buyers are allowed to pay.

But some lenders still try to charge prohibited fees if you’re not paying attention.

Examples include:

❌ Certain lender fees

❌ Unnecessary processing charges

❌ Extra admin costs

A knowledgeable agent and lender will protect you — and make sure you don’t pay a penny more than required.

4️⃣ Skipping the VA Appraisal + Additional Inspections

The VA appraisal ensures the home is safe — but it’s not a full home inspection.

Many families assume the VA appraisal is all they need, but hidden issues like roof damage, foundation cracks, outdated electrical systems, or plumbing leaks can become very expensive later.

Always get a full inspection.

5️⃣ Assuming You Must Put 0% Down

While VA loans allow 0% down, that doesn’t mean it’s always the best move.

Sometimes putting even 3–5% down can: