Why is the COE Important?

1. Verification of Military Service:

   • The COE provides confirmation of the borrower's military service, including the dates and character of service. This ensures that the individual meets the basic eligibility criteria for a VA loan.

2. Entitlement Information:

   • It indicates the amount of entitlement the borrower has available, which is a key factor in determining how much the VA is willing to guarantee for the loan. This entitlement is often a percentage of the loan amount, up to a maximum limit set by the VA.

3. Loan Approval Requirement:

   • Most lenders require borrowers to present a valid COE during the VA loan application process. It is a fundamental document that demonstrates to the lender and the VA that the borrower qualifies for the loan program.

How to Obtain a COE:

1. Let us do it for you:

   • As a VA-approved lender, we have access to the Web LGY system, which allows us to obtain a COE electronically in minutes! Working with a someone who specializes in VA loans can streamline the application process.

2. Through the eBenefits Portal:

   • Veterans and service members can apply for their COE online through the eBenefits portal on the VA website. The eBenefits system is a secure and convenient way to access various VA benefits.

3. By Mail:

   • Borrowers can also apply for a COE by mail by completing VA Form 26-1880 and submitting it to the appropriate VA Regional Loan Center along with supporting documentation.

Information on the COE:

The Certificate of Eligibility typically includes the following information:

• Veteran's or service member's name and personal details.

• Details of military service, including branch, dates of service, and character of service.

• Entitlement amount and type (basic or bonus).

• Specific indication of eligibility for a VA home loan.

Keep it Safe:

Once obtained, it's essential to keep the COE in a safe and accessible place, as it will be required during the VA loan application process.