VA Loans

What is a Veteran Home Loan?

If you have served our country, then there is a mortgage loan program for veterans that will help you to purchase a house in California on the most favorable terms.

A VA loan is one of the most useful benefits for veterans, service members, and eligible surviving spouses. A veteran loan is backed by a Veterans Administration and is established by the United States Department of Veterans Affairs.

With this military home loan, you can get a house with as little as zero down payment. To qualify for a VA loan, a borrower must present a certificate of eligibility to the lender. The certificate establishes the record of military service.

Who is Eligible for a VA Home Loan?

To obtain veterans’ mortgage loans, you must get a COE – Certificate of Eligibility, which is issued by the Veterans Administration. Active duty, guard, and reserve members, veterans, and military spouses may qualify for the certificate.

Requirements for Eligibility:

Active Duty Service Personnel

A person in active duty is eligible for home loans for veterans after having served for 181 days.

Service after 9/7/1980 (enlisted) or 10/16/1981 (officer)

A person must have served for 24 months or the full period (not less than 181 days).

Gulf War Service

A person must have served 24 months of continuous active duty or the full period for which you were called (at least 90 days)

Peacetime-Service

• 7/26/1947 to 6/26/1950
• 2/1/1955 to 8/4/1964
• 5/8/1975 to 9/7/1980 (Enlisted)
• 5/8/1975 to 10/16/1981 (Officer)

A person must have served at least 181 days of continuous active duty.

Wartime - Service

• WWII: 9/16/1940 to 7/25/1947
• Korean: 6/27/1950 to 1/31/1955
• Vietnam: 8/5/1964 to 5/7/1975

A person must have served at least 90 days on active duty.

Selected Reserves or National Guard

A person must have completed at least 8 years of the Selected Reserves or National Guard (in total).