To qualify for a VA loan, you must have one of the following requirements: 1  Served 181 days during peacetime (Active Duty) 2  Served 90 days during war time (Active Duty) 3  Served 6 years in the Reserves or National Guard.  Surviving spouse of a service member who was killed in the line of duty.
http://www.military.com/money/va-loans/va-loan-certificate-of-eligibility-guide.html
Your Certificate of Eligibility is good until you use it. However, many mortgage lenders will require you to get an updated one within 60 days of your closing to verify you have not used it. No. Every Veteran that meets the service requirements is guaranteed eligibility for a VA Home Mortgage Loan.
http://indianavamortgages.com/2011/08/04/i-have-a-certificate-of-eligibility-what-exactly-does-that-mean/
You may be eligible for a VA Home Loan if you meet one or more of the following conditions: 1  You have served 90 consecutive days of active service during wartime, OR. 2  You have served 181 days of active service during peacetime, OR. 3  You have more than 6 years of service in the National Guard or Reserves, OR.
https://www.veteransunited.com/va-loans/va-home-loan-eligibility/
Getting your Certificate of Eligibility doesn’t mean your guaranteed to receive a loan. There is often confusion on what exactly a Certificate of Eligibility is. Read on for some commonly asked questions and answers that may clear up some confusion. No, your Certificate of Eligibility is specifically for the purchase of a primary residence.
http://indianavamortgages.com/2011/08/04/i-have-a-certificate-of-eligibility-what-exactly-does-that-mean/
The Certificate of Eligibility is known as the starting point of the VA loan process and proves to a lender that a buyer has met the VA’s service requirement. Every veteran has to meet one of the following service requirements before they can obtain a VA loan: 181 days of service during peacetime.
https://www.veteransunited.com/realestate/va-loan-basics-what-is-the-certificate-of-eligibility/
Lenders are required to get proof of a veteran’s service during the VA loan process. The Certificate of Eligibility (COE) serves as that proof, and tells a lender that an applicant has officially met the minimum service requirement.
https://www.veteransunited.com/realestate/va-loan-basics-what-is-the-certificate-of-eligibility/
VA loan. A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders. The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).
https://en.wikipedia.org/wiki/VA_loan
Obtaining your Certificate of Eligibility (COE) While you don't need your VA Certificate of Eligibility in hand to start the loan process with Veterans United, this certificate is a very important part of your loan application. Your COE verifies that your length and character of service make you eligible to use the VA home loan benefit.
https://www.veteransunited.com/va-loans/va-home-loan-eligibility/
The COE, or Form 26-1880, proves to your lender that you, on behalf of the government, are qualified to receive the loan. This form will ask you for information about your current living situation and your dates of military service. It is recommended that you provide your proof of service form along with the COE.
http://www.military.com/money/va-loans/va-loan-certificate-of-eligibility-guide.html
VA Loan Certificate of Eligibility Guide. A VA loan is an incredible benefit offered to men and women of the armed forces who meet certain eligibility criteria.
http://www.military.com/money/va-loans/va-loan-certificate-of-eligibility-guide.html
what is va home loan coe
The Certificate of Eligibility is a verification that verifies your length and character of service which makes you eligible to use the Virginia home loan benefit. The Certificate of Eligibility is a certificate which verifies that your length and character of service make you eligible to use the VA home loan benefit.