This presentation provides basic information on the VA Home Loan, its process and requirements.

1. VA Home Loan

2. About Me
• Army Veteran-
– OIF 05/07
– Active Duty: Baumholder, Germany 1st
Armored Division, B Btry 4/27 FA
– Reserves: Northern/Southern, CA
• GI Bill (California State
University, Northridge 2012)
• Goal: To reach out to as many
veterans, family members and military
personnel as possible.

3. VA Home Loan
• What is a VA Loan?
• Who is Eligible?
• Obtaining a Certificate of Eligibility (COE)
• VA Funding Fee
• What documentation is needed?
• Questions?
• Contact Info

4. What is a VA Loan?
• Can be used to purchase a SFR, townhouse, or
a VA approved Condo.
• Multi-Family Property (up to 4 units). The
veteran must occupy one of the units as a
primary residence
• 0% Down Payment (compared to 3.5%+ for
Civilians)
• No monthly mortgage insurance premium

5. Who is eligible?
• Active Duty Personnel who met service
requirement, unless honorably discharged or
separated from a previous qualifying period.
• Veterans who complete a total of 6 years in
the Select Reserves or National Guard with
an honorable discharge
• Reserves may also be eligible with less than
6 years if they were called into active duty
for at least 90 days
• Unmarried Surviving spouses

6. Obtaining a COE
• https://vip.vba.va.gov
• Request for Certificate of Eligibility VA
Form 26-1880

7. VA Funding Fee
* Waived if veteran is currently receiving VA disability
compensation for service related injury

8. What documentation is needed?
• 2 Years Tax Returns
• Stable Employment for 2 years
• 620 FICO
• Pay Stubs that cover one month
• Last 2 Bank Statements
• Copy of ID, Social Security, COE

9. Questions?

10. Contact Info:
/vahomeloan
@vahomeloaninfo
/vahomeloan
Email: jairo.aladdin@gmail.com