Since it may be difficult to get a VA loan for a tiny home, you might be wondering whether it’s worth the time and effort. Here are some important pros and cons to consider: Pro: Tiny Homes Are Less Expensive Many tiny homes fall into a price range of around $23,000, which is far less than the cost of a traditional single-family home. Con: You May Have Trouble With Financing Not only is it difficult to get a VA loan for a tiny home, you may have trouble securing mortgage financing in general. Many of the same challenges for a VA loan apply to other mortgage types. Pro: You Could Significantly Reduce Your Long-Term Expenses Living in a tiny home means saving a significant amount of money on electricity, water and other utility bills. Without as much interior space, you’ll also spend less on furnishings, décor, household items and more. Con: You Still Have to Pay for the Land Tiny homes need to sit on land, which means you’ll need to own the property the home will be on. This is often an overlooked expense when considering a tiny home. If you buy land that isn’t zoned to build a tiny house or doesn’t have a septic system in place, you may have additional problems.