How To Know if You Qualify for A Veteran Home Loan
VA home loans have impressive rates and terms, making them some of the most desirable mortgage loans to apply for. Curious as to what it takes to get a veteran home loan? Here’s everything you need to know to get started.
You’ll need a document that confirms that you meet VA home loan requirements. This document is called a VA Certificate of Eligibility (COE). It’s an official document that proves that you are an active-duty military member, a veteran, a National Guard or Reserve member, or a surviving spouse of someone who served in the military in that capacity.
While you’re able to apply for a VA loan without a certificate of eligibility, you’ll need to provide it before the home loan can close.
Fortunately, getting one from the Department of Veteran Affairs is easy.