Service Requirements for the VA Loan Program

VA home loans are a privilege of being a servicemember. Thus, eligibility is not automatic; there are certain requirements that need to be met by both the VA and the individual mortgage lender. There are military service requirements that need to be satisfied such as serving at least 90 consecutive days during active war time or at least six years in the National Guard or Reserves. In order to be sure you are eligible, obtain your Certificate of Eligibility from the VA which will outline what VA loan entitlements you have. Although you do not need the Certificate to begin the home loan process, some people feel more comfortable having it in hand. Read the full article here: