What is a DD214

By
Mortgage and Lending with Leader One Financial 164545
https://activerain.com/droplet/4DW8

If you've begun looking into using your VA benefits to buy a house, you might be seeing a request for a DD214 form, but what is a DD214? If you have no clue about this form or don't think you have one - don't panic. Let us help guide you through. If you are no longer on active duty, this is a form you'll need for your loan process. If you are currently serving on active duty - this doesn't apply to you.

What is a DD214 Form?

 What is a DD214 VA LoanYour DD214 is given to you by the military (Department of Defense, to be exact) and discharges you from active duty. Officially, it's called the DD Form 214 and is the Certificate of Release or Discharge from Active Duty. You receive this paperwork when you are discharged or retire from the military. You should receive what's called a Member 4 copy. Make sure to hang on to this. Your DD214 verifies the time you spent in the service, any awards, promotions and honors you received, if you served overseas and any training or schools you completed as well. You need a DD214 form in order to have veteran's benefits like a VA ceremony at a funeral and use of the GI bill, etc. You also need this form in order to buy a house with a VA loan if you are no longer on active duty.

 

What if I lost my DD214 Form?

You should have been given a copy of your DD214 upon discharge or retirement from the military. However it's not uncommon for veterans to claim they did not receive a Member 4 copy or that they lost this paperwork. In the event you cannot locate your DD214 paperwork, you may obtain a Member 2 copy of your DD214, which is an identical copy of the Member 4. Public records do not keep the Member 4 copy on file but the Member 2 will have the information needed for your VA loan.

You may contact the National Personnel Records Center (NPRC) or the administrative offices of your military branch to obtain a copy of your DD214. While you may mail, fax or appear in person, the quicker route is to let us help you get the form through a third-party. We work with those who can obtain a copy of your DD214 faster than if you personally requested it yourself through the government.

Your DD214 and Using your VA Loan

Obtaining your DD214 is a key step in applying for your VA Loan. It shows us that you are indeed eligible for military benefits when purchasing a house. If you cannot locate your copy, we can help you and expedite the process if you meet all other VA loan eligibility requirements. If you're in Missouri, Kansas, Nebraska or Virginia, please give us a call at (816) 268-4025 and let us help you with your VA loan.

Posted by

Darren Copeland | Home Loans | Lee's Summit MODarren Copeland, Vice President LeaderOne Financial

4967-B NE Goodview Circle, Lees Summit, MO 64064

(816) 268-4025

KC Loan Tips & Midwest VA Loans

 

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Topic:
Lending / Financial
Tags:
veterans
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Rainmaker
302,377
Tammy Adams ~ Realtor / Podcaster
Maricopa Real Estate Co - Maricopa, AZ
A Maricopa Agent who Works, Lives & Loves Maricopa

Great post. So few vets realize how important it is for them to hold onto this form. It opens the door to so many great things. 

Jun 08, 2015 01:56 AM #1
Rainer
258,546
Darren Copeland
Leader One Financial - Lee's Summit, MO
Darren Copeland

It certainly does Tammy! If they did lose it, we can also get a copy for them as well, but it's better if they just don't lose it in the first place

Jun 08, 2015 02:01 AM #2
Rainer
389,343
Anna Hatridge
Goodson Realty - Farmington, MO
Missouri Realtor with Goodson Realty

Darren, thank you for explaining in a very simple way what seems to be a complex system for so many.  

Jun 10, 2015 02:47 AM #3
Rainmaker
48,497
Adele Langdon
Los Angeles, CA
Exclusive Realty Inc.

Thanks Darren I deal with Veterans here in Los Angeles trying to find them homes and this is extremely important. Many times they have no idea what I am talking about.  I have a list of what they will need right from the start.

Jun 10, 2015 03:12 AM #4
Ambassador
908,885
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Darren I have several copies of my DD214. I also keep an original in a safe keeping. place. Thanks for helping Vets. 

Jun 10, 2015 06:35 AM #5
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Darren Copeland

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