Who may be eligible?
VA loan eligibility may apply to veterans, active-duty service members, certain National Guard and Reserve members, and eligible surviving spouses.
The exact service requirement can depend on when and how you served. A Certificate of Eligibility (COE) is used to document entitlement.
What does a COE do?
A COE helps confirm whether VA shows you have eligibility for the VA loan benefit.
It does not replace underwriting. A lender still needs to verify the loan makes sense based on credit, income, debts, assets, property, and program rules.
What can affect approval?
Debt-to-income ratio, residual income, credit history, employment, assets, property condition, occupancy, and loan purpose can all matter.
If you have used your VA benefit before, available entitlement can also affect the loan structure.