100% But Served Under 90 Days In Service Home Loan

[lamontino]

I am 100 percent rated by military but i served way under 90 days. Can I still get a home loan to get a house?

[lamontino]

Yes Honorable Discharge is the best a veteran can get!

However it would not matter Honorable or Medical Discharge.

Getting a VA Approved Loan has nothing to do with your rating...Although they do use your income , so being 100% disable Veteran helps.

Your a qualified Veteran ..that's all you need & of course proof you was in the military (DD214)

Usually the Realtor will get your MCE (Military certificate of eligibility.)

Be good to act on this soon because of the lower interest rates and veterans do not have to have the ''PIR''

(Premium Insurance Rate)

Good Luck & Happy House Hunting!

..............Buck

I am confuse....because I thought the rules said " YOU HAVE TO HAVE SERVED OVER 90DAYS REGARDLESS" (sorry for the caps)...to be eligible to receive a certificate?

[Buck52]

Your a 100%disable veteran correct?

that is a deserved benefit & so is veteran loans!

go to a realtor and let them know your a disable veteran, they should get your DD214 & that is all they need. the should be able to get your certificate of eligibility for the process of a veteran home loan.

I'll research this more about the 90 days qualification you mention.

...................Buck

[Buck52]

Here is the home loans eligibility Ms Berta put up a link also same link I believe.

http://www.benefits.va.gov/HOMELOANS/

as for as using your COE (Certificate of Eligibility) usually its just used for one time, however if you pay off the loan or refinance you can get another COE...as long as the original loan has been paid in full.

a lot of veterans are refinancing there homes to get the reduced interest rates. Including myself.

I didn't find anything about serving 90days or more to qualify for a Veteran home loan?

You can call 1-800-827-1000 and ask about your eligibility for VA Home Loan.

This is all I know to tell you.

Hope this is helpful for you.

...............Buck

Edited May 26, 2015 by Buck52

[Berta]

I almost forgot.... I used this number -877-827-3702.
from this link
http://www.benefits.va.gov/HOMELOANS/contact.asp

because I was thinking of using my survivors Home loan benefits to make my bedroom larger.,to hold a library area.

I was surprised to get immediate help from this VA department, who not only approved the COE by phone but sent my federal credit union the COE by Fax.

My credit Union then called me and asked how much I wanted....this was not a mortgage but still I am sure they might be able to help you too.

I changed my mind on the addition expense and Kindle has saved me the need for book storage.

.but was surprised at how fast this whole thing went.I did not even need to fill out the COE form VA had sent me long ago because this can be handled right away by phone and Fax these days.

[Buck52]

I never filled out the COE (Certificate of eligibility)....But I think the realtor did.

I think you and your spouse sign all the necessary papers at closing.

...............Buck

Edited May 26, 2015 by Buck52

[Fat]

Good information.............