Requirements

The VA Loan Certificate of Eligibility is a very confusing form for Veterans. As a Mortgage Originator Specializing in VA Loans I have to be honest in telling you that many lenders are even confused about this form.

I have been very fortunate to serve a lot of Veterans with all of their VA Loan financing needs for the past 15 years (gosh time does go by fast). Anyhow, as I thought about a my next blog topic I remembered how on every single one of those transactions 1 particular question always comes up.

The VA Home Loan requires 2 forms. The DD-214 and the VA Certificate of eligibility. Simple enough right? Wrong. These 2 forms have caused much confusion for Veterans when applying for the VA Home Loan.

When speaking to a Veteran for the first time who is inquiring about a VA Mortgage in Arizona one of the first things we do is send them out a needs list of all of the required documentation that will be needed, in order to submit and fully approve their AZ VA Home Loan.

There are a lot of questions that Veteran home buyers have as it relates to purchasing a home with the VA Home Loan benefit. This could not be more true regarding the waiting periods after a short sale, foreclosure and bankruptcy.

Veterans know that serving honorably in the military offers benefits of different varieties. However, what a lot of veterans do not know is how to take advantage of them, or even where to start. The VA Home Loan is no exception to this.