New American Funding Blog

A Straighforward Chart to Exlpain VA Home Loan Eligibilty Rules

By Rosemarie Pirio   |  September 30, 2011

Are you a Veteran, active duty personnel, Reservist, or National Guard member wanting to buy a new home and wondering if you qualify for the VA Home Loan? We’ve gone ahead and made it a little bit simpler and easier to understand with this VA Eligibility Chart.

After looking at the chart, did you realize that you most likely qualify? If so, you are ready for the next step. You must apply for the VA Certificate of Eligibility (COE) to prove to your mortgage lender that you do qualify. Any mortgage lender that has experience with VA Home Loans can help you greatly by providing the necessary forms to apply for the VA Certificate of Eligibility.  Often times, a mortgage lender can get this done in just minutes, so check with your them first.

Hope this chart helped!

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