If you are a discharged, retired, or separated veteran, an active serviceman, or the spouse of a veteran or solider and you are looking for information on a VA loan, this is the place for you. The first thing to understand is that C2 is a mortgage broker that works with private lenders to offer low-interest rates, lenient qualifications and more to borrowers looking for a loan. We accept credit scores as low as 500 and we offer $0 down payment up to a cap amount. We offer loan financing options to assist you in refinancing your home, buying your home, fixing up your home, and more. The first step is to contact one of our certified loan officers to see if you are eligible. Eligibility for specific home loan benefits is determined by your length of service, duty status, and character of service.
You may be eligible for a VA home loan if you:
- Are a member of the military, veteran, reservist, or National Guard member
- Are a spouse of a military member who died while on active duty or because of a disability attained during service
VA Home loans can be used to “buy a home or VA approved condo, build a home, purchase and improve a home simultaneously, make energy efficient home improvements, buy a manufactured home, refinance a VA guaranteed or direct loan to obtain a lower interest rate, refinance an existing mortgage loan or other indebtedness secured by a lien of record on a residence owned and occupied by the veteran as a home.”
One you determine your eligibility, you will need to:
- Apply for a Certificate of Eligibility (COE) – VA Form 26-1880.
- Spouses must apply via mail using VA Form 26-1817and any additional required documents. Click here to find the correct mailing address for your state.
- The certificate verifies that you are eligible for a VA-backed loan. In order to apply for a COE, you will be required to provide evidence of your service, spouses service, etc. If you are a veteran or current/former National Guard or Reservist who has been activated Federal active service, you will need to provide a DD Form 214 (DD214.)
- A DD214 isa Military Service Record that verifies your service and retirement, discharge, or separation. Depending on your situation, you will request a Certificate of Release, Discharge from Active Duty form, or Separation Form.
- If you are an active duty service member, you will be required to present a current statement of service signed by one of the following: the adjutant, personnel office, or commander of the unit or higher headquarters. The statement must include the following: full name, social security number, date of birth, entry date on active duty, the duration of any lost time, the name of the command providing the information.
- If you are a current National Guard or Reserve member who has never been Federal active service, you will need to provide a statement of service signed by the adjutant, personnel office, or commander of the unit or higher headquarters. The statement must include all of the same information an active duty service member must submit, but also a total number of creditable service years.
- If you are a discharged member of the National Guard, you will need to provide the NGB Form 22 or NGB Form 23, depending on your situation.
- If you are a discharged member of the Selected Reserve who has never been active for Federal active service, you will need to provide your latest annual retirement statement and evidence of service.
- If you are a surviving spouse who is not receiving benefits, you will need to submit VA form 21-534, DD214. Proof of marriage, DD Form 1300 or death certificate, and submit via mail.
- If you are a surviving spouse who is receiving benefits, you will need to provide the VA form 26-1817, DD214, and both the veteran and spouses social security numbers.
Applying for a loan can be an intimidating and harrowing process. At C2, we aim to provide you amazing quality at a cost-efficient price. We understand the sacrifice that veterans, soldiers, and families make every day. We can assure you that at C2 Financial, you will work with a certified loan officer that cares about you and your situation. To find out your eligibility click here for more information.