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VA Loans
Certificate of
Eligibility.
A veteran who doesn't have a certificate can obtain one easily by completing
VA Form 26-1880.
Eligibility Requirements
Veterans who served on active duty and were discharged under conditions other
than dishonorable, during World War II and later periods are eligible for VA
loan benefits.
Eligibility Questions
Answers to commonly asked questions about VA loan eligibility.
Financing Benefits
More than 29 million veterans and service personnel are eligible for VA
financing. Even though many veterans have already used their loan benefits, it
may be possible for them to buy homes again with VA financing using remaining or
restored loan entitlement.
VA Loan Purposes
To buy a home, build a home, simultaneously purchase and improve a home, etc...
Obtaining a VA Loan
The CRV (certificate of reasonable value) is based on an appraiser's estimate of
the value of the property to be purchased.
VA Loan Costs
A basic funding fee of 2.0 percent must be paid to VA by all but certain exempt
veterans. A down payment of 5 percent or more will reduce the fee to 1.5 percent
and a 10 percent down payment will reduce it to 1.25 percent.
Restoration
of Entitlement
Veterans who had a VA loan before may still have "remaining entitlement" to use
for another VA loan.
VA Loan
Questions & Answers
Answers to commonly asked questions about VA loans.
VA
Office Locations
Contact Your Loan Officer
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