VA home loan pros and cons Types of VA loans How to apply for a VA loan VA loan FAQ Key takeaways VA loans are mortgages guaranteed by the U.S. Department of Veterans Affairs, available to eligible veterans, active-duty service members and surviving spouses. VA loans can be used...
Close on your loan. We'll go into each step in more detail below. 1. Determine your eligibility VA loan eligibility is directly tied to military service. Only military members, veterans, or spouses of these parties are eligible to apply for a VA loan -- and only if certain service requir...
How to apply for a VA home loan Obtain a certificate of eligibility: A VA certificate of eligibility shows a mortgage lender that your military service meets the requirements for a VA loan. A VA-approved lender can obtain the document for you, which is needed before the loan can close. Yo...
How to Apply for a VA Debt Consolidation Loan Applying for a VA loan is a process that can often be completed within 30 days. When you are looking for a VA debt consolidation loan, you can apply online or work with a loan officer from Griffin Funding to get the loan processed. You ma...
VA loans offer generous benefits: no minimum down payment or private mortgage insurance. The credit qualifications and other financial requirements also are more lenient, making them an attractive option for eligible borrowers.But who can get a VA loan? And how does one qualify for a mortgage ...
If you're getting ready to start a VA loan application, here are six steps to help you prepare for and finish the VA loan process quickly and smoothly. 1. Make Sure You Qualify for the VA Loan Program First, make sure you qualify for a VA home loan based on these criteria: ...
› Is a Joint VA Loan Right for You? › Apply for a Joint VA Loan with Griffin Funding › Frequently Asked Questions For those who have served in the U.S. military, VA loans are a mortgage benefit that can help you get a home. Backed by the Department of Veterans Affairs, the...
If you’re interested in a VA home loan, you’ll first need to obtain a certificate of eligibility. Here’s how to do it.
Having these documents on hand will help streamline your VA loan application. 4. Apply For Initial Approval For A VA Home Loan Once you’re in a solid financial position and you’ve gathered your documentation, it’s time to submit for initial approval. Once your lender has your information...
2. Apply for a Certificate of Eligibility (COE). Obtaining a COE from the VA confirms your eligibility for the VA home loan benefit and is required by your lender for VA-backed home loans. You can request a COE online using the eBenefits service from the Department of VA, through your ...