VA home mortgage loans are guaranteed by the U.S. Department of Veterans Affairs. They have been a popular way for veterans and active duty service members in Tampa and around the US to afford their first homes in Tampa for over 70 years. Because the home loans in Tampa are guaranteed, many lenders are eager to offer these low-cost home loans for veterans in Tampa. Though not difficult, the application process is somewhat different than the one for conventional loans in Tampa, and many lending institutions have departments or specially trained personnel to help with the required documentation. To qualify CLICK HERE!
If you are a member of the military on active duty for at least 90 days, you are eligible for a VA guaranteed mortgage loan in Tampa. Similarly, veterans who have served between 90 and 181 days of continuous service, depending on the time period, are eligible to apply for VA loans in Tampa. National Guard service members are also eligible for a home loan in Tampa if they are currently serving or have served for six years, have been discharged or on the retired or stand-by list. Under certain circumstances, the spouses of military members may also be eligible for a VA loan in Tampa.
Certificate of Eligibility
VA Loan applicants in Tampa are required to document their service in the military with a Certificate of Eligibility. The certificate is issued with a number of different types of evidence:
A DD Form 214 for veterans that indicates the character of the service and the reason for separation from service
For current service members, a current statement of service signed by a commander of the unit, adjutant or personnel office
For current National Guard members, a statement of service signed by a commander of the unit, adjutant or personnel office
For discharged National Guard members who were never activated, an NGB Form 22, Report of Separation and Record of Service
Surviving Spouse not receiving benefits must submit a VA Form 21-534
Surviving Spouse receiving benefits must submit a VA Form 26-1817. Get qualified in 15 minutes. CLICK HERE!