VA Loan Eligibility

The information below is from the Department of Veterans Affairs for VA Home Loan Eligibility.  In order to confirm eligibility, you will need to obtain you Certificate of Eligibility (COE).  As your VA-approved lender, we are usually able to assist you in obtaining your COE through the VA’s automated system.

Active Duty Service Members

Eligible for a VA Loan after having served 90 consecutive days of active service during wartime or 181 consecutive days of service during peacetime.

Prior Service Veterans

Separated or retired Veterans eligibility depends on whether their service occurred during a wartime or peacetime period.

• Wartime Service Personnel

Must have served at least 90 days on active duty and been discharged or released for any reason other than dishonorable conditions. If service was less than 90 days, they may be eligible if discharged because of a service-connected disability.

• Peacetime Service Personnel

Must have served at least 181 days of continuous active duty and been discharged or released for any reason other than dishonorable conditions. If service was less than 181 days, they may be eligible if discharged because of a service-connected disability. Contact a Loan Originator specializing in VA Loans to determine whether 181 service days occurred during peacetime periods.

Two-Year Requirement Period:

If the Veteran’s period of service was between September 7, 1980 (or October 16, 1981 for officers) and August 1, 1990, the Veteran must have completed 24 months of continuous active duty or the full period (at least 181 days) for which the Veteran was called or ordered to active duty; and he must have been discharged or released for any reason other than dishonorable conditions.

National Guard and Reservists

Members of the National Guard and Reservists are eligible if they have completed at least 6 years in the Reserves or National Guard, or been discharged because of a service-connected disability and meet one of the following criteria:

• Have been honorably discharged
• Have been placed on the retired list
• Have been transferred to an element of the Ready Reserve
• Continue to serve in the Selected Reserve

Other Eligible Personnel

Spouses of service members who have died in the line of duty or as a result of a service-related disability may be eligible.  Personnel discharged for service-connected disability, medical or mental conditions or reduction in force may also be eligible.

To get started on your VA Home Loan, call us at 561-810-1711 or fill out the short form on this page.  A  specialist from our team will contact and assist you with your VA Mortgage pre-qualification.