Note: Please consult your nearest veterans affairs office for complete details on the Veterans Home Loan Guaranty program.
There is an old saying in the military that goes something like this regarding benefits: "If you don't use them; you lose them."
Besides the "GI Bill" educational benefits program, the home loans program is one many veterans utilize to purchase their first home, farm, ranch or condominium.
Here is a brief overview of the documents you will need to include with your loan package.
1. Certificate of Eligibility (COE)
2. Uniform Residential Loan Application
3. Proof of Income
4. Documents of Outstanding debts
5. Homeowner's or Association forms (if applicable)
6. Gift letter for funds provided by someone not involved with the sale.
7. VA service-connected disability award letter if not noted on the COE (if applicable)
8. Condo forms (if applicable)
As a veteran you have earned the right to these benefits. It is to your advantage to utilize them as soon as possible upon discharge from the military. Don't lose them, use them!
Google: VA Home Loan Guaranty Buyers Guide for a printable guide to help you navigate the process.
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