Am I Eligible For A VA Loan

Dated: 06/24/2016

Views: 942

The VA Loan is one of the best mortgage products on the market today, and yet not enough eligible veterans know they are qualified for it. The VA Loan is easy enough when you, the veteran, reservist and/or active duty service member know exactly what your VA Loan benefit is and you have a VA Loan Officer who is skilled on the VA Loan Process.

Am I Eligible for A VA Loan?

A VA Loan specialist can help you determine if you're eligible for a VA Loan, and help you obtain your Certificate of Eligibility. In general, a veteran is eligible if he or she meets any one of these requirements:

Served 181 days during peacetime (Active Duty)

Served 90 days during wartime (Active Duty)

Served 6 years in the Reserves or National Guard

You are the spouse of a service member who was killed in the line of duty

About VA Home Loans

VA helps Servicemembers, Veterans, and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy.

VA Home Loans are provided by private lenders, such as banks and mortgage companies. VA guarantees a portion of the loan, enabling the lender to provide you with more favorable terms.

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