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If you served in the Navy am you automatically qualified for a VA loan?

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Answer:

If you served a certain length of time, you are automatically eligible to apply for a VA loan, altho other factors may effect whether you are qualified for such a loan. First, you must be sure you meet the eligibility requirements of service. At that point, you would be best served to consult a VA loan specialist to help determine if you meet certain qualification requirements to obtain the loan.

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Relevant answers:

Am you eligible for a VA home loan?
To be able to qualify for a Va home loan you have to be a veteran, active duty personnel, reservists,national guard members or some surviving spouse. You also have to show proof from the following...
How qualify for a VA loan?
To qualify for a VA loan, a person must be have either 4 years of active duty or 6 years of Reserve military service and have an honorable discharge. A DD 214 is required.
What is required to get a VA loan?
The first requirement to obtain a VA loan is that you must be a veteran or current member of a branch of the United States Military. If discharged, it must have been an honorable discharge.
How soon can you refinance a VA loan?
If the current VA rate drops 2% or you can save more than 50 per month you can do an Interest Rate Reduction loan. If you want equity out (cash back) you will have to wait 6 mo-1 year (until your VA...
How much does a VA loan cost to get?
Generally, the closing costs associated with a VA loan average between 2% and 5% of the amount to be financed.