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: VA COE

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...

Restoring Your VA Loan Eligibility

Restoring Your VA Loan Eligibility

Lately we’ve gotten several questions about restoring VA loan eligibility. Some readers want to know if they need to restore their eligibility or if it’s done automatically once a VA home loan has been paid in full. Others want to...

Your VA Loan Eligibility: What Is COE?

Your VA Loan Eligibility: What Is COE?

Recently we fielded a reader question from our Facebook page about the VA Certificate of Eligibility (COE). The reader basically wanted to know, “What’s the VA Certificate of Eligibility for?” The VA Lender’s Handbook, Chapter Two sheds some light on...

VA Loan Minimum Property Requirements: Are There Exceptions?

VA Loan Minimum Property Requirements: Are There Exceptions?

The Department of Veterans Affairs has a set of standards for all properties to be purchased with a VA-insured home loan. The VA will not approve loans for buildings or property that doesn't meet its Minimum Property Requirements (MPRs). For...

How To Get a Certificate of Eligibility For a VA Loan

How To Get a Certificate of Eligibility For a VA Loan

Before a qualified borrower can apply for a VA insured home loan, the applicant must have a Certificate of Eligibility (COE) issued by the Department of Veterans Affairs. This process used to take much more time when it was only...

VA Streamlines Funding Fee Exemption Process

VA Streamlines Funding Fee Exemption Process

Recently we've written about VA loan funding fee exemptions--any qualified veteran receiving disability compensation from the Department of Veterans Affairs is exempt from paying the VA loan funding fee. In such cases, the veteran is exempt based on documented, VA-recognized...

VA Loan Eligibility Restoration Facts

VA Loan Eligibility Restoration Facts

VA loan eligibility is not automatic--borrowers must apply for it. The loan eligibility application process ends for most when the VA issues the borrower a VA Certificate of Eligibility, which indicates to the lender that the borrower is indeed able...

How to Apply for a VA Certificate of Eligibility

How to Apply for a VA Certificate of Eligibility

Borrowers who have never applied for a VA home loan before may wonder how to apply for a VA certificate of eligibility or COE. There are many ways to apply, including by regular postal mail, but the Department of Veterans...