VA Loan Eligibility

Who is eligible for a VA Loan?

A VA loan is a home loan option designed specifically for veterans, active-duty service members, and eligible surviving spouses.

These loans are backed by the Department of Veterans Affairs, which means lenders can offer you competitive terms—like no down payment, no PMI, and lower interest rates.

Who can apply?

• Active and Retired Service Members
• Reserve or National Guard
• Surviving Spouses who have not remarried

To qualify, you’ll need to meet certain service requirements, but once you’re eligible, this benefit can save you tens of thousands of dollars on your home purchase.

Who is eligible?

• Any service member who served at least 90 days active duty during wartime.
• Any service member who served at least 181 daysactive duty during peacetime.
• Select Reserve or National Guard with 6 creditable years of service
• Surviving spouses of a deceased veteran who is not yet remarried.

If you have questions about VA eligibility your qualifications call the Coach today!