VA funding fees can come as a surprise to qualified VA home loan borrowers. You may not even know there are extra fees on a VA loan until the lender tells you. And it’s not a small fee. The Department of Veterans Affairs uses the fee to help defray the costs of VA-guaranteed loans that…
VA Loans allow Military Veterans, active military members and their spouses the opportunity to purchase real estate without any money down. In order to check your eligibility, the first step is to get your Certificate of Eligibility (COE).  Many members hear this from their loan officer or Military REALTOR, however, it can sometimes be hard…
VA Certificate of Eligibility A VA approved lender relies on a VA Certificate of Eligibility ("COE") as proof the veteran is eligible for a VA home loan. Even though you may eligible for a VA home loan, veterans must still qualify based on income and credit before a VA loan approval is granted. Amount of…
What is Eligibility for a VA Loan? Eligibility for a VA Loan means the veteran, service member or spouse meets the basic criteria to apply for the VA home loan benefit. Although obtaining a Certificate of Eligibility (COE) allows you to apply for a VA Loa, it doesn't guarantee approval of a VA mortgage. An…