Certificate Of Eligibility - Home Sweet Home

CoffeeGirl · 07-07-2008, 06:25 PM

Ok so dh has his certificate of Eligibility-Does that have ANY thing to do with the amount we will be approved for loan wise??? Or are they 2 seperate things???

Also is there a timeframe in which they(the certificate) last or are they good for a couple of yrs???

~~Bex~~ · 07-07-2008, 06:26 PM

Means that he's eligible for a VA loan. Not sure their expiration date. Perhaps google VA loan FAQ

~~Bex~~ · 07-07-2008, 06:26 PM

http://www.vamortgagecenter.com/faqs_eligibility.htm

CoffeeGirl · 07-07-2008, 06:27 PM

Thank you-this is what the site said

How long is my COE (Certificate of Eligibility) good for?
Your certificate is good until you use it, however, many lenders will require you to get an updated one within 60 days of your closing to verify that it hasn't been used.

~~Bex~~ · 07-07-2008, 06:34 PM

http://www.homeloans.va.gov/lgyfaq.htm
Some more helpful info

~~goldilockz~~ · 07-07-2008, 06:38 PM

The lenders will usually get the certificate for you. Ours did

Shannon Marie · 07-17-2008, 04:28 PM

ok so i get an email saying that i should request my certificate of eligibility immediately. so i downloaded the blank form. do i just send that in? the realtor doesn't do it?

07-07-2008, 06:25 PM	#1 (permalink)
CoffeeGirl Java Queen Extraordinaire Join Date: Jan 2005 Location: Arizona Posts: 56,461 Classifieds: (0) Activity: 20% Longevity: 82%	Certificate Of Eligibility Ok so dh has his certificate of Eligibility-Does that have ANY thing to do with the amount we will be approved for loan wise??? Or are they 2 seperate things??? Also is there a timeframe in which they(the certificate) last or are they good for a couple of yrs??? __________________ When my time comes, forget the wrong that I've done, help me leave behind some reasons to be missed. Don't resent me when your feeling empty,Keep me in your memory, leave out all the rest leave out all the rest

07-07-2008, 06:27 PM	#4 (permalink)
CoffeeGirl Java Queen Extraordinaire Join Date: Jan 2005 Location: Arizona Posts: 56,461 Classifieds: (0) Activity: 20% Longevity: 82%	Thank you-this is what the site said How long is my COE (Certificate of Eligibility) good for? Your certificate is good until you use it, however, many lenders will require you to get an updated one within 60 days of your closing to verify that it hasn't been used. __________________ When my time comes, forget the wrong that I've done, help me leave behind some reasons to be missed. Don't resent me when your feeling empty,Keep me in your memory, leave out all the rest leave out all the rest

07-17-2008, 04:28 PM	#7 (permalink)
Shannon Marie Love you more Join Date: Oct 2007 Location: Tinker AFB Oklahoma City, OK Posts: 4,649 Classifieds: (0) Activity: 3% Longevity: 35%	ok so i get an email saying that i should request my certificate of eligibility immediately. so i downloaded the blank form. do i just send that in? the realtor doesn't do it? __________________ DJRx2= my life, my world, my everything

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07-07-2008, 06:26 PM	#2 (permalink)
~~Bex~~ Banned Join Date: Jan 2004 Location: san diego, ca Posts: 30,189 Classifieds: (0) Activity: 0% Longevity: 99%	Means that he's eligible for a VA loan. Not sure their expiration date. Perhaps google VA loan FAQ

07-07-2008, 06:26 PM	#3 (permalink)
~~Bex~~ Banned Join Date: Jan 2004 Location: san diego, ca Posts: 30,189 Classifieds: (0) Activity: 0% Longevity: 99%	http://www.vamortgagecenter.com/faqs_eligibility.htm

07-07-2008, 06:34 PM	#5 (permalink)
~~Bex~~ Banned Join Date: Jan 2004 Location: san diego, ca Posts: 30,189 Classifieds: (0) Activity: 0% Longevity: 99%	http://www.homeloans.va.gov/lgyfaq.htm Some more helpful info

07-07-2008, 06:38 PM	#6 (permalink)
~~goldilockz~~ Banned Join Date: Feb 2007 Posts: 25,823 Classifieds: (0) Activity: 0% Longevity: 47%	The lenders will usually get the certificate for you. Ours did