Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Tag Archives: COE

VA Loan Eligibility: What Does “Paid In Full, No Restoration” Mean?

VA Loan Eligibility: What Does “Paid In Full, No Restoration” Mean?

Some VA loan applicants choose to request a VA Certificate of Eligibility (COE) themselves, others choose to have the lender help them. In either case, the borrower's information is submitted to the Department of Veterans Affairs and the COE is...

Military Discharges and VA Loan Eligibility: A Reader Question

Military Discharges and VA Loan Eligibility: A Reader Question

A reader asks, “Box 23 on my DD214 states “Discharged”. I served 1yr and 2 months, my status was “Under Honorable Conditions (general)” Where I applied to get my COE, I was told I would be denied because in box...

How Lenders Establishes Your Eligibility For A VA Loan

How Lenders Establishes Your Eligibility For A VA Loan

When it’s time to apply for a VA loan, your loan officer has to establish your basic eligibility for the VA loan benefit. The rules on how this is done are found in the VA Lender’s Handbook Chapter Two. Knowing...

Starting a VA Home Loan

Starting a VA Home Loan

When a veteran wants to start a VA mortgage loan, the first thing they're asked to do is to provide, or apply for, a VA Certificate of Eligibility. Some first-time home buyers don't come to the application process with the COE in...