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Blue Springs Missouri VA Loan Eligibility
Blue Springs Missouri VA Loan Eligibility
Right now, VA loans are becoming more and more popular than ever. Especially since many of our troops are coming home from the last 10 years of war. A VA Loan is a home loan designed to help soldiers (or those who have an honorable discharge) buy a home. VA loans require ZERO down-payment, and NO PMI insurance. The loan offers 100% financing.  If any real estate agents out there have a client who is a current or former soldier, encourage them to look into a VA loan. If they're not sure how to get started, here are some tips on your Blue Springs Missouri VA Loan Eligibility requirements:
 1. Obtain a certificate of eligibility (COE) for a VA Loan (or a DD214)
 Each applicant must show proof that they are either current or retired military. A veteran can request the certificate themselves, or a loan company can do that for them through an automated certificate eligibility system.
 
2. To apply for a VA loan, clients must either have received a discharge (except a dishonorable discharge) or be Active Service Personnel.
 3. For Active Duty veterans discharged during or after WWII, Korean or Vietnam ... more

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