Speak to a VA Expert

Townhome Financing

Find out how the VA program works with townhomes.


| Excellent 4.9 out of 5


What is a townhome?

A townhome, also known as a townhouse, is a residential dwelling characterized by its unique architectural structure and shared walls with adjacent units. Typically arranged in rows or clusters, townhomes offer a balance between the privacy of a single-family home and the efficiency of a multi-unit building. These two or three-story residences often feature a vertical design, maximizing living space on a smaller footprint. Townhomes usually include multiple bedrooms, bathrooms, a kitchen, and living spaces, providing a comfortable living arrangement for families or individuals. With a private entrance and often a small yard or patio, townhomes offer residents a sense of ownership and community. This housing option is popular for its blend of affordability, space utilization, and the convenience of shared maintenance responsibilities within a managed community, making it an appealing choice for diverse lifestyles.

VA Home Loans for Town homes


  • Cost: Townhomes tend to be less expensive than single-family homes, making them a more affordable option for many buyers.
  • Maintenance: Townhome owners often have less maintenance responsibilities than single-family homeowners, as common areas and exterior of the property are often maintained by a homeowners association.
  • Size: Townhomes often offer more space than condos, but less than single-family homes, making them a good option for those looking for a balance between the two.
  • Location: Townhomes can be found in a variety of locations, including urban, suburban, and rural areas, making them a versatile option for buyers.
  • Amenities: Townhome communities often have amenities such as pools, fitness centers, and playgrounds, which can be shared by residents.
  • Sense of community: Townhome communities can provide a sense of community, as you are likely to have more interaction with your neighbors than you would in a single-family home.
  • Appreciation: Townhomes can appreciate in value over time, which can provide a financial return on your investment.


  • Limited privacy: Townhomes often share walls with other units, which can limit privacy compared to a single-family home.
  • Limited control: Townhome owners often have limited control over exterior changes and renovations, as these decisions are often made by the homeowners association.
  • HOA fees: Townhome owners are often required to pay homeowners association (HOA) fees, which can be costly and may increase over time.
  • Restrictions: Townhome communities often have restrictions on things like noise, parking, and pets, which can be limiting for some buyers.
  • Limited yard space: Townhomes typically have smaller yards or outdoor spaces than single-family homes, which can be a disadvantage for those who enjoy gardening or outdoor activities.
  • Noise: Sharing walls with other units may also lead to more noise from your neighbors.
  • Limited space: Townhomes often have limited interior and exterior space, which can be a disadvantage for those who need more room or want to entertain guests.
  • Less control over the community: As a townhome owner, you have less control over the community rules and regulations, as they are set by the homeowner association

Ready to get started?


VA Home Loans for Town homes

Very few restrictions

Similar to a single-family home financing a townhome with a VA loan comes with remarkably few restrictions. As long as the property satisfies the VA’s minimum property requirements with safety and soundness there are very few hurdles to financing this property type.

We understand that the home buying journey can be an overwhelming process, which is why we recommend that you obtain preapproval before making any significant decisions. At our company, we make the preapproval process easy and hassle-free. You can apply online or give us a call, and our friendly staff will ensure you have the right information and guidance to secure financing for your dream home.

Check your Qualifications

Check if you qualify to buy a home or get a free quote for refinancing within minutes.

VA Home Loans - VA Application