Rest assured, though, that in 90% of cases borrowers do not have to put any money down. If you have used it before, you may now have only partial entitlement (if, for example, a previous VA loan hasn’t been completely paid off or went into foreclosure).Įntitlement is important because whether you have full or partial entitlement determines whether you’re subject to conforming loan limits and when you’re able to put zero down on a home. Your COE will show the current state of your VA loan entitlement - whether you have used it before and how much of it is available to you now. VA-approved lenders can get your COE online when you apply for a VA loan. Send a completed VA Form 26-1880 to your nearest VA regional processing center. If you aren’t registered in that system yet, don’t worry - you can sign up at any time. It’s simple to obtain a COE online using the VA’s Veterans Information Portal. Three ways to verify your eligibility for a VA loan: However, there are a few options for how you can go about obtaining this document. You must get a Certificate of Eligibility (COE) from the military to prove your eligibility for a VA loan. If you’re not sure about any of this information, you can request your military service records online to confirm the details of your service. In some cases, you may be disqualified if you remarry. For surviving spouses: Your spouse was a service member who is missing in action, died while in service or died from a service-related disability.For veterans, National Guard members or Reserve members: You meet the active-duty requirements for your dates of service.For active-duty service members: You’ve served at least 90 continuous days of active duty.VA loan eligibility: Are you an eligible service member or spouse?Īccording to the VA, you meet the minimum service requirement for a VA loan if: VA loan qualification: Can you meet these requirements?.
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