VA Home Purchase
VA Home Loan Eligibility
To determine your eligibility for a VA Home Loan, honorably discharged veterans should check directly with the VA. We can assist with preparing and signing the necessary Certificate of Eligibility (COE) required for your VA home loan application.
Eligibility Requirements:
To qualify for a VA Home Loan, you must meet at least one of the following criteria:
- 90 Consecutive Days of Active Service During Wartime: Service during periods of war as defined by the VA.
- 181 Days of Active Service During Peacetime: Service during periods of peace.
- 6 Years of Service in the National Guard or Reserves: Service in the National Guard or Reserves, with active duty training included.
- A Surviving Spouse: Of a service member who died in the line of duty, or due to a service-connected disability.
- Service-Connected Disability: Veterans with a service-connected disability, regardless of service duration.
Additional Notes:
- Certificate of Eligibility (COE): This document verifies your eligibility and is required for your VA home loan application. We can help prepare and obtain this certificate for you.
- Home Loan Benefits: VA home loans offer several benefits, including no down payment requirements and competitive interest rates. They are designed to make homeownership more accessible for veterans and their families.
- Loan Limits: While the VA doesn’t set a maximum loan amount, it does guarantee a portion of the loan, which affects the amount lenders are willing to offer.
If you have questions about your eligibility or need assistance with the application process, don’t hesitate to contact us. We’re here to help you navigate your VA home loan options and ensure you make the most of your benefits.