The Veterans Affair (VA) determines your eligibility and if you qualify for a Certificate it will be issued for you to use during the mortgage loan process.
Applications can involve one or more of the following:
What happens when I request a certificate of eligibility through my mortgage lender:
In many cases, your lender should be able to obtain your certificate for you by using ACE (Automated Certificate of Eligibility). ACE is an internet based application that is able to determine eligibility and issues an online Certificate of Eligibility in a matter of seconds.
Occasionally ACE may have insufficient data in their records data base and when the certificate will have to be requested directly from the Veterans Affair.
If you were separated after January 1, 1950, the appropriate documentation of your military service would be DD Form 214, Certificate of Release or Discharge from Active Duty.
If you were discharged after October 1, 1979, DD Form 214, copy 4 would be appropriate. A photocopy of DD214 will suffice. Be sure to check the VA service requirements and VA eligibility FAQs.
Do not submit an original document.
You must provide documentation sufficient to establish that you served a minimum of 6 years with points earned for weekend drills or active duty for training and received an honorable discharge to receive your VA loan certificate of eligibility.
Since there is no uniform document similar to DD214 for proof of service in the Selected Reserve, a number of different forms may be accepted.
For those who served in the Army or Air National Guard and were discharged after at least 6 years of service, NGB Form 22 may be sufficient.
Those who served in the Army, Navy, Air Force, Marine Corps or Coast Guard Reserves may need to relay on a variety of forms. Often it will be necessary to submit a combination of documents such as an Honorable Discharge certificate together with a Retirement Points Statement.
If you are now on regular active duty and have not been previously discharged from active duty service, you must submit a statement of service which includes the name of the issuing authority (base or command), and is signed by or at the direction of an appropriate official to obatin a certificate.
The statement must identify you (SSN), and provide your date of entry on active duty. If you remain on active Selected Reserve duty, the statement of service should be from your unit CO and should cite the length of time you have served with the reserve unit.
Your Certificate of Eligibility will never expire