We receive a number of inquires through our website. We get questions that I am sure there are others who have the same questions, and looking for answers. At the suggestion of a colleague, I decided to address these questions on my blog, for the benefit of others who might be seeking the same answers.
A veteran called and was interested in a house available for sale on our website: www.kstrealty.com. I inquired if he had obtained his Certificate of Eligibility. He had not, so I emailed him the following link, so he could work on getting his certificate on line. http://www.benefits.va.gov/homeloans/docs/veteran_registration_coe.pdf
The question: “Who and how many people could go on a VA Home Loan?”.
The veteran along with his or her spouse can be borrowers on a VA Home Loan. The veteran and his girlfriend/boyfriend and or fiancée cannot, unless they themselves are veterans, and are eligible. If the father of the vet, who is also a vet has VA home loan eligibility, and will live with the vet, then they both can go on the loan, as long as the father can qualify on his income and credit. If his/her father is deceased and if the mother has inherited her late husband’s eligibility, and has not remarried, she may also be a co-borrower.