Lake Elmo · VA / Military
Buying a Lake Elmo Home With a VA Loan
Use the home loan benefit you earned, with a clear plan for your VA purchase in Minnesota.
Using your VA benefit in Lake Elmo
A VA loan can buy a home on land, with a few extra steps. I'm Lesley, a REALTOR® with Bridge Realty.
Can I use a VA loan for a home on acreage in Lake Elmo? Yes, if it is a home you will live in. When a property has a private well, the water must be tested, and the septic system must be working properly. The loan is for a residence, not for land alone.
Extra steps on a rural property
- Well water test, ordered early so results arrive before closing.
- Septic inspection.
- The appraisal. Fewer similar sales can make it take longer.
- Outbuildings. The value is based mainly on the home and its site.
In a newer neighborhood
You will usually have city utilities and an association. If you are buying from a builder, ask early whether they work with VA financing.
How the VA loan works, step by step, is on our VA and military buyers page. See also buying a home in Lake Elmo, our Lake Elmo page, and, if you are moving on orders, relocating to Lake Elmo.
Your lender confirms your eligibility and your numbers. When you are ready, send us a message or call (651) 661-4770.
Frequently Asked Questions
Can a VA loan buy land in Lake Elmo?
Not land alone. The VA loan is for a home you will live in, which can sit on acreage.
Does the VA require a well test?
Yes, when the home has a private well.
Homes For Sale In Lake Elmo
See every home on the market in Lake Elmo right now, updated from the MLS.
Lake Elmo
What va / military looks like in Lake Elmo
Lake Elmo is a Washington County city between Highway 36 and Interstate 94 that still looks rural, with the 2,165-acre Lake Elmo Park Reserve at its center.
Lake Elmo keeps much of its farmland and open space, which is why its homes and lots are unlike those in the suburbs around it.
- The homes
- Homes on acreage, some with a private well and septic system, alongside newer neighborhoods with city utilities and associations.
- Getting around
- Interstate 94 along the south edge leads to St. Paul and Minneapolis, and Highway 36 along the north edge leads to Stillwater.
- Nearby
- Lake Elmo Park Reserve, a small historic downtown, and Lake Elmo Airport.
- The trade-off
- Acreage brings a well, a septic system, and more land to maintain.
VA / Military: keep exploring
Ready to make your move with Lesley The Realtor?