Hollywood, FL · VA for one to four units
Hollywood VA Loans
VA financing for Hollywood houses, condos and small multifamily buildings. A veteran can buy a duplex, triplex or fourplex with no down payment, live in one unit and let the rent help with the mortgage.
We specialize in Hollywood VA home loan programs.
Hollywood’s older neighborhoods, especially around downtown and east of I-95, have a good supply of duplexes and small apartment buildings. For a veteran, that is an opportunity few other loans offer: VA can finance a two- to four-unit property with no down payment when you live in one of the units, and the rent from the others can help you qualify.
On Mortgage compares VA lenders, including those comfortable with multifamily, and works through the rent and reserve questions with you. Compare all programs on the Hollywood mortgage rates page or speak with our Hollywood mortgage broker team.
Today’s Hollywood VA Mortgage Rate
0.224 points
No points, no credit
0.250 points
0.064 points
0.112 points
Par rate per program for a single-family primary residence in Broward County, 20% down, 780+ credit, 30-day lock, escrows included. Rates change through the day and are not a commitment to lend. Price your own Hollywood scenario, no credit pull.
Hollywood VA Loan Benefits: Flexible, Affordable Home Financing
Here is a $640,000 Hollywood duplex bought with VA, the veteran in one unit and the other rented. Lenders typically count about 75% of the other unit’s market rent, and usually want to see either landlord experience or cash reserves:
| $640,000 duplex, VA with no down payment | Amount |
|---|---|
| Loan with the 2.15% funding fee financed | $653,760 |
| Principal and interest at 6.500% | $4,132/mo |
| Property tax and insurance (estimated) | $1,161/mo |
| Total monthly payment | $5,294/mo |
| Market rent on the other unit (illustrative) | $2,300/mo |
| Rent a lender typically counts (75%) | $1,725/mo |
| Reserves commonly required without landlord history (6 months) | $31,761 |
Live Broward VA par pricing. Taxes use Broward millage with a homestead exemption; multifamily insurance estimated at 115% of the county average for the value. Rental income and reserve rules vary by lender and are documented with the appraisal’s rent schedule or existing leases.
The other VA benefits apply too: no monthly mortgage insurance, competitive rates, limits on lender fees and seller-paid closing costs. For three or four units, residual income and the rent picture get more attention, and more lenders want reserves.
VA Loans in Hollywood for First-Time and Veteran Homebuyers
Most first-time VA buyers in Hollywood still buy a single-family home or a condo, and Hollywood’s long market times, about 116 days on average, give them room to negotiate. Sellers can pay your closing costs and up to 4% in concessions. Funding fees at the Hollywood median look like this:
| $485,000 purchase | Loan before the fee | First VA loan | Later VA loans |
|---|---|---|---|
| No down payment | $485,000 | 2.15%: $10,428 | 3.30%: $16,005 |
| 5% to 9.99% down | $460,750 | 1.50%: $6,911 | 1.50%: $6,911 |
| 10% or more down | $436,500 | 1.25%: $5,456 | 1.25%: $5,456 |
| Receiving VA disability compensation | No funding fee | ||
Waived entirely for veterans receiving VA disability compensation.
Hollywood VA Home Loan Rates and Lending Options
We help veterans, service members and military families across Emerald Hills, Hollywood Lakes, Boulevard Heights and the rest of Hollywood qualify for VA financing. Hollywood’s 1950s and 1960s homes often have older roofs and electrical systems; VA’s minimum property requirements mean those may need attention before closing, and a seller credit or repair request is the usual answer.
Small multifamily adds a few checks of its own. Each unit should be legally permitted for residential use under city zoning, with its own kitchen and bath; a converted garage or an illegal third unit will not be counted and may need to be corrected. Separate electric meters are common in Hollywood duplexes and make the rent estimate more straightforward. If a tenant is already in place, the lease and a record of payments help the lender count the income, and the appraiser’s rent schedule confirms it is in line with the market. We gather those documents early so the VA appraisal and underwriting move together rather than one after the other.
2026 VA Loan Limits in Hollywood
Full entitlement means no VA loan limit for Hollywood buyers, whether the property has one unit or four. The 2026 Broward conforming figure of $832,750 becomes relevant only if you still have another VA loan open:
| Entitlement already in use | Remaining guaranty | Largest loan with no down payment | Down payment on $640,000 |
|---|---|---|---|
| None (full entitlement) | Full | No VA limit | $0 |
| $80,000 | $128,188 | $512,750 | $31,813 |
| $130,000 | $78,188 | $312,750 | $81,813 |
Shown for the $640,000 duplex example. Remaining guaranty is 25% of the Broward limit minus entitlement in use.
VA-Approved Condos in Hollywood
VA can finance condos in VA-approved communities on Hollywood Beach, downtown and inland. Beach buildings vary widely in their documents, rental rules and finances, so approval is project by project. We look up the specific building, including communities such as Tides and Sheridan Ocean Club, and confirm status before you commit.
Compare VA Loan Rates in Hollywood
Hollywood homes sold for about $485,000 at the median in mid-2026 and stayed on the market roughly 116 days. Longer market times favor negotiation, and comparing VA lenders on multifamily pricing in particular can make a real difference.
Your Local Hollywood VA Mortgage Partner
Purchases, refinances and condo approvals, handled with care.
Multifamily VA
Rent, reserves and appraisal coordinated.
Older homes
Minimum property requirements anticipated.
Several VA lenders
Compared on rate and credits.
Frequently Asked Questions: VA Loans
Can I buy a duplex in Hollywood with a VA loan?
Yes. VA finances properties with up to four units when you live in one, with no down payment if you have full entitlement. Rent from the other units can help you qualify.
How much rent can I count on a VA multifamily purchase?
Lenders commonly count about 75% of market rent from the other units, and often require landlord experience or several months of reserves. Rules vary by lender.
Can I rent out the whole property after I move?
Yes. You must occupy it initially, but you can keep the VA loan and rent all units after you move.
Is there a VA loan limit for a Hollywood fourplex?
Not with full entitlement. With partial entitlement, the 2026 Broward conforming limit determines how much you can borrow without a down payment.
Are Hollywood Beach condos VA approved?
Some are. Approval depends on the building’s documents; we check each project and can help an association apply.
Our Reviews
What Florida borrowers say after closing with On Mortgage. Five stars on Google (130 reviews) and Zillow (92 reviews).
“Highly recommend working with her! She was professional, courteous, and always on time. She is soft-spoken, extremely knowledgeable, and took the time to answer all of my questions with patience and care. She made the entire mortgage process smooth and stress-free.”
“Damarys Aguilar is a true professional. She defines trust and dependability. Damarys is phenomenal to work with and I will not work with any other lender. Thank you.”
“Nos sentimos felices con Carolina por la total ayuda que hizo posible para la compra de nuestra primera casa. En todo momento demostró profesionalismo y entrega en conseguir los mejores costos y beneficios para nosotros. Quedamos totalmente agradecidos.”
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Price a Hollywood VA loan
House, condo or a building with rental units, On Mortgage will compare VA lenders and run the numbers on rent and reserves. Call or start online today.