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The VA Home Loan Program

The VA Home Loan Program was started in 1944 as part of the GI Bill of Rights following World War II.  It was created to reward qualifying Servicemembers, Veterans and eligible surviving spouses achieve their dream of home ownership by providing a loan program with lower closing costs and minimal or no down payment requirements.

Find out why
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Interest rates and fees can change significantly from lender to lender.

Main benefits of the VA home 

  • No down payment is required.

  • Competitively low interest rates. VA home loan interest rates tend to be lower
    than other home loan mortgage programs. 

  • Limited closing costs.

  • No private mortgage insurance or monthly mortgage insurance, however there is an upfront Funding Fee.

  • The VA loan is a lifetime benefit – you can use the guaranty multiple times.

  • VA loans are assumable - meaning you can take over the seller's mortgage loan.

  • The VA funding fee can be financed.

  • If you are have a service connected disability of 10% or more, the funding fee is waived.

Who qualifies for a VA Home Loan?

  • Active Duty Personnel of the Air Force, Army, Navy, and Marines who have served a minimum period.

  • Veterans of the Air Force, Army, Navy and Marines who meet service length requirements.

  • Certain Reservists and National Guard Members.

  • Surviving spouses of Veterans who died on active duty or died as a result of service connected disabilities.

  • Spouses of active duty personnel who are:

    • Missing in Action

    • Captured in the line of duty by hostile forces

    • Forcibly detained by a foreign government of power

How do I request a Certificate of Eligibility (COE)?

We can typically access your COE or, you can request a COE on line on benefits. 

When you go to the eBenefits website, you may need to sign in with your premium DS log-on account. If you don’t have a premium account, you can register for one there.

Request a COE on eBenefits

What if I don’t meet the minimum service requirements?

You may still be able to get a COE. You must have been discharged for one of these reasons:   

  • Hardship.

  • The convenience of the government (you must have served at least 20 months of a 2 year enlistment).

  • Early out (you must have served 21 months of a 2 year enlistment).

  • Reduction in force.

  • Certain medical conditions.

  • A service connected disability.

What should I do if I received an other than honorable, bad conduct or dishonorable discharge?

If you received an other than honorable, bad conduct or dishonorable discharge, you may not be eligible for VA benefits. 

There are 2 ways you can try to qualify:


Can I use my VA Benefits more than once?

Yes! Your VA certificate of eligibility dictates the available benefit. 

Get more information

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