The VA home loan benefit, from service record to front door
From service to keys: how the VA home loan works
Bottom line
The VA home loan is a benefit earned through service. VA does not usually lend the money; it guarantees part of a loan from a private lender, which lets many eligible buyers purchase without a down payment and without monthly mortgage insurance. Your entitlement, shown on a Certificate of Eligibility, is what makes the guarantee possible.
Last reviewed against the primary sources listed below.
ToolEntitlement explainerFull or remaining? Walk through your history.Chapter 1How the benefit worksThe guarantee, the lender and you.Chapter 2Entitlement, full and remainingThe number behind the benefit.Chapter 3Minimum property requirementsSafe, sound and sanitary.Chapter 4Using the benefit againRestoration and second use.Chapter 5Surviving spouse eligibilityWho qualifies and how to apply.Chapter 6VA purchase mythsWhat sellers and buyers get wrong.New guideCo-borrowersHow spouses and other co-borrowers work on a VA home loan.New guideFunding feeWhat the funding fee is, who pays it and who is exempt.GlossaryKey termsPlain definitions with sources.GuideSeller concessionsHow sellers can help with costs on a VA purchase, and the limits.GuideCondosHow VA condo approval works.PrintableLender questionsQuestions to bring to any lender, ready to print.
Where this story starts
Most journeys begin with a Certificate of Eligibility from VA, which confirms your service qualifies and shows your entitlement. You can request it yourself or a lender can request it for you.