What documents are needed for VA Home Loan?
If you want to know if you qualify for a VA Home Loan, you should speak to a VA lender, but as long as you meet certain document requirements, which were put in place by the Department of Veterans Affairs, you should be OK. However, one of the most important documents to have is the Certificate of Eligibility known as COE and you must also satisfy credit history and income verification requested by the lender.
The Veteran Service Requirement
There are some other requirements necessary to be eligible for a VA home loan and this includes one of the following:
- Having served in active service for 90 days consecutively during any form of war
- Having served in active duty for 181 days during a time of peace
- Having served 6 years service as an Army Reserve or National Guard
- Being a spouse of an army service member who, in the line of duty has died or suffered some form of disability
You don’t actually need to have the COE in your hand to submit an application for a VA home loan, but the lender must have access to it through the veteran’s automated system.