Phoenix All Suites Hotel
VA-Approved Condo
The "PHOENIX ALL SUITES HOTEL" located at 201 E Beach Blvd, Gulf Shores Al 36542, Baldwin is approved for VA loan financing.
View VA loan limits in Gulf Shores, Alabama to see how much you can borrow for a VA Loan.
Phoenix All Suites Hotel (000008)
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What's Next?
If you have found a condominium you are interested in, the next step is to talk to a real estate agent. You do not need an VA approved Appraiser or Inspector because this condominium is already approved for use with a VA Loan.
You should check the VA Loan Limits in Alabama to see how much you can borrow. However, the VA home loan limits are under the Fannie/Freddie Loan Limits for 1 Living Unit within the county's loan limit. It is very likely that a down payment will not be required if you stay within your county's loan limit. If you would like to go over the county's loan limit, you will have to pay down payment of 25 percent of the difference between the county's loan limit and the total loan amount.
Learn more about VA condominiums.