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Getting prequalified for a VA loan is a key first step in your homebuying journey. Loan prequalification gives veterans and military buyers a sense of their purchasing power and helps lay the groundwork for loan preapproval.

In this video, Barby Wulff (NMLS 177100), a loan officer for Veterans United Home Loans, explains the basics of VA loan prequalification and what would-be buyers should expect.

VETERAN HOMEBUYER CENTRAL: Find out what your service can do for you.

Talk with a Veterans United loan specialist at (855) 541-5915 to get a sense of your purchasing power what might be possible.

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Veteran Homebuyer Central

Brought to you by: Veterans United Home Loans

Veterans and military members have access to one of the most powerful homebuying tools on the market – the VA Loan.

These articles were created solely by Veterans United, a paying advertiser from whom Bankrate receives compensation. The editorial staff of Bankrate was not involved in the stories' preparation.