Are you in the market to buy a new home in the Fort Myers or Cape Coral areas and intending to leverage a VA loan? If so, are you aware of what a Certificate of Eligibility (COE) is?
The COE is the key document that verifies to lenders that someone is eligible for a VA-backed loan.Servicemembers, Veterans and National Guard and Reserve members may apply online or through their lender; most lenders have access to the system and can verify eligibility IF the VA has records on file. The VA also maintains a hotline for assistance.
Surviving Spouses can use VA Form 26-1817 to request determination of their eligibility for VA Loan Guarantees. Your lender may be able to assist with processing or contact the VA for information this video did not address.
At Title Junction, we care about helping you stay informed throughout your real estate transaction. The experts at our title company have extensive knowledge about real estate not only in Cape Coral and Fort Myers, but all of Florida as well.
Have questions? Give us a call at 239.415.6574.
In case you missed it, check out our last Title Junction post: Downsizing To A Smaller Home? Here’s 3 Things To Consider