Who Can Get A Va Mortgage Loan

Can I get a VA home loan with a private lender?

It depends. If you apply and are eligible for a VA-backed home loan, you’ll receive a Certificate of Eligibility (COE). This is the document that tells private lenders (such as banks, credit unions, or mortgage companies) that you have VA home loan eligibility and entitlement.

Who is eligible for a VA loan?

Active duty military, veterans, surviving spouses, and in some instances civilians are eligible for a VA loan. VA loans have requirements the veteran must fulfill before they can be considered eligible. Those serving in the National Guard or the Reserves have a minimum six-year duty requirement.

Can you get a VA loan if you are active duty?

Active duty military, veterans, surviving spouses, and in some instances civilians are eligible for a VA loan. VA loans have requirements the veteran must fulfill before they can be considered eligible. For National Guard and Reserves Members Those serving in the National Guard or the Reserves have a minimum six-year duty requirement.

Can a civilian get a VA loan for a spouse?

Active duty military, veterans, surviving spouses, and in some instances civilians are eligible for a VA loan. VA loans have requirements the veteran must fulfill before they can be considered eligible. ... • VA home loans are assumable, as long as the person who is assuming the loan is qualified.

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