Often times I am asked by Active Military Service members if they are entitled to use their VA Loan Benefits just as an honorably discharged Veteran would – and the answer is simple… Absolutely!
Active Military are entitled to use their VA Loan just as any Veteran would past, present, and future. That said, it’s important to know exactly what your lender will require when pre qualifying for the VA Loan, and always remember…Just because you are eligible for a VA Loan does not mean that you are pre qualified. This is why it’s so important for you to work with a Mortgage Originator who Specializing in VA Loans that can ensure you are protected and that your VA Approval is strong and in tact.
Below is a list of documentation that will be required for VA Loans Active Duty Military.
- Most Recent LES Report
- Last 2 Bank Statements Covering a 60 Period (be sure to include all pages even if page is blank)
- Most Recent 2 Years of Tax Returns
- Most Recent 2 Years of W’2’s
- Copy of Photo I.D.
- Copy of your Certificate of Eligibility (if you don’t have we can assist you with this)
Your VA Home Loan Benefit is truly one of a kind as loan that allows an Active Duty Service member to purchase a home up to $417,000 (and higher in some counties) with no down payment required, and with a credit score as low as 600.
Jimmy Vercellino is a Marine Corps Veteran and Mortgage Originator Specializing in VA Loans with First Western Trust and licensed to lend in 48 States.