National Oceanic and Atmospheric Administration and Commissioned Officers of the Public Health Service are considered to be active duty members and veterans, once discharged.
Veterans must have been discharged under conditions other than dishonorable.
Length-of-service requirements apply in most cases.
You will need to have a valid Certificate of Eligibility (COE). You may obtain one from the VA or from your lender.
If you need to obtain your COE, please contact your lender about obtaining your COE. You can also download the VA Form 26-1880. You can get complete details on where to complete the form and mail it. You can also call Toll free number: 1-888-244-6711 or email the “U.S. Department of Veterans Affairs“.
Great Loan Terms
Market Interest Rate, VA funding fee and no pre-payment penalties. Maximum loan term cannot exceed 30 years. No maximum loan amount.
Contact your lender to discuss qualifying for the VA loan. Your lender will help you find out the basic requirements, including the following:
The loan must be for your primary residence.
The home has to appraise for the loan amount or higher.
You need enough income to meet your monthly mortgage payments, maintain the home, take care of your other debts, and have enough money left over to cover daily expenses.
You have to have a good credit history to qualify.
A VA lender is the best way to find out if and how to qualify for a loan and get the pre-qualification process started. You can always get up to date info from the VA Home Loan website.
If you have any interested in getting an ARM (Adjustable Rate Mortgage) loan, please note that that the loans are being offered as a traditional 1 year ARM and also as hybrids with 3, 5, 7 and 10 year fixed rates. Consult with your VA lender to be sure they are still offered.
Program Contact Information
Please call or email me for more info. I have a great VA lender that can answer all your questions.