VA Loan Eligibility: Do I Qualify?

For many first-time homebuyers with a military background, VA loans offer an incredible path to homeownership with zero down payment, no private mortgage insurance (PMI), and competitive interest rates. But before you can enjoy these benefits, there’s one big question: Do I qualify for a VA loan?

Below, we’ll break down VA loan eligibility for veterans, active-duty personnel, National Guard members, Reservists, and even surviving spouses. We’ll also explain the Certificate of Eligibility (COE), how to get one, and clear up some common myths.

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Service Requirements for VA Loan Eligibility

The VA loan program has specific service requirements depending on your status. Here’s a clear breakdown:

• Veterans

  • Served at least 90 consecutive days of active service during wartime, or

  • Served 181 consecutive days of active service during peacetime.

• Active-Duty Personnel

  • Currently serving and have at least 90 continuous days of active service.

• National Guard and Reservists

  • Served at least 6 years in the Selected Reserve or National Guard, or

  • Served 90 consecutive days of active duty under Title 10 orders (with at least 30 of those days being consecutive), or

  • Discharged due to a service-connected disability before meeting time requirements.

• Surviving Spouses

  • Unremarried spouse of a service member who died in service or from a service-connected disability.

  • Certain remarried spouses may also be eligible (if remarriage occurred after age 57 and after Dec. 16, 2003).

For full eligibility details, you can visit the VA’s official eligibility page.

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The Certificate of Eligibility (COE)

Even if you meet service requirements, lenders need proof. That’s where the Certificate of Eligibility (COE) comes in.

The COE confirms to your lender that you’re eligible for a VA loan. Without it, your loan process can’t officially move forward.

How to Get Your COE:

1. Online: Apply through the VA’s eBenefits portal.

2. Through Your Lender: Many VA-approved lenders can request it for you.

3. By Mail: Submit VA Form 26-1880 to the VA Loan Eligibility Center.

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Additional VA Loan Requirements Beyond Service

While service history is crucial, VA loan eligibility also depends on meeting the VA’s financial and property standards:

• Credit Score: The VA doesn’t set a minimum score, but most lenders require 620 or higher.

• Income: You must show stable income to cover your mortgage and living expenses.

• Property Requirements: The home must be your primary residence and meet VA Minimum Property Requirements (MPRs) for safety, sanitation, and structural integrity.

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Common Misconceptions About VA Loan Eligibility

• Myth #1: You can only use a VA loan once.
  ✅ False — you can use your benefit multiple times, even after selling a home purchased with a VA loan.

• Myth #2: National Guard members don’t qualify.
  ✅ False — Guard and Reserve members can qualify after meeting service requirements.

• Myth #3: You must have perfect credit.
  ✅ False — the VA is more flexible than many loan programs, and lenders often work with applicants to address credit challenges.

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Why Understanding VA Loan Eligibility Matters

If you’re a first-time homebuyer with military ties, knowing your VA loan eligibility can save you thousands and make the homebuying process smoother. With no down payment, lower closing costs, and competitive interest rates, VA loans are one of the most powerful benefits earned through service.

If you’re ready to start the process, begin with your COE and connect with a VA-approved lender who can guide you every step of the way.