Most military connected personnel know that the United States Department of Veteran?s Affairs is called the VA. What is surprising is that not everyone realizes what the VA can do for them. One of the first steps to take is to investigate VA home loan eligibility.
It?s obvious that veterans can apply, but this program is open to active duty personnel, too. Reservists and members of the National Guard, along with some surviving spouses, are also covered. Make sure to check with a representative, or search the Internet for more information.
The lender will need evidence that you?re eligible for this type of financing, and you can provide that with a Certificate of Eligibility (COE). There are three categories, and those in category A or B can apply through a lender, by mail, or via online. Surviving spouses are in category C, and they must submit their applications through the mail.
Veterans must provide a copy of their DD214, while active duty members are required to submit a current statement of service. There are different steps that must be taken by people who are differently connected to the service, but it is not difficult to complete the procedure.
Note that you?ll have to work with lenders who participate in the program for VA-backed loans. There are many who will work with you, so there should be no problem finding someone. Most lenders have access to the system that allows you to apply through their lending institution.
After having served your country, or even while you are still serving, there are various benefits available to you. Don?t miss out on the opportunity to take advantage of all these benefits, and most importantly, remember to check into your VA home loan eligibility. Thank you for your service.
Click here to learn more: financial aid calculator and http://howcashworks.com/military-loans/va-loan-calculator-who-qualifies-for-a-va-loan
Source: http://i-care-finance.com/2012/02/01/learn-about-va-home-loan-eligibility/
packages camila alves albrecht durer dan marino david lee roth joe bodolai ben nelson
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.