VA Loan Approval Guidelines

The basic California VA Requirements are as follows:

Minimum:

• Served 90 days or more of active duty during war time
• Served 181 days or more of active duty during peace time
• No dishonorable discharge

Active Duty

• Statement of Service from commanding officer to apply for your VA Certificate of Eligibility (COE)*

Veteran

• Form DD214 officer to apply for your VA Certificate of Eligibility (COE)*

Reservist

• Spent 90 days in a combat zone or
• Served a minimum 6 years service in any of the following:
  • Army National Guard
  • Army Reserve
  • Air National Guard
  • Coast Guard Reserve
  • Navy Reserve
  • Marine Corps Reserve
  • Air Force Reserve

Spouse of Active Duty or Veteran

• Un-remarried and serving spouse died while in service or from service-connected disability
• Serving spouse was MIA or POW

We recognize that not all military service is created equal and that everyone’s service is a little different.  If you don’t fit neatly into the above criteria, don’t assume you don’t meet the California VA Qualifications.  Check with us anyway.  Because, “…the answer’s always ‘no’ if you don’t ask.”

*While you can apply directly to the VA for your COE, like so many things in the military, it’s, “hurry up and wait” and could take a couple of weeks to get.  At WealthWise Mortgage Planning, we have a direct, electronic connection to the VA and can get your COE for you in a matter of minutes, in most cases.