Your service eligibility
Your COE helps establish eligibility and available entitlement.
Your benefit, explained
YOU’VE EARNED IT.
UNDERSTAND IT.
Clear answers to the questions that come before your next move.
THREE QUESTIONS.
A CLEARER START.
Your financial picture
Income, credit, debts and assets are part of your lender’s review.
Your home & plans
Property, appraisal and occupancy requirements matter, too.
Who may be eligible?
Veterans, active-duty service members, certain National Guard and Reserve members, and some surviving spouses may qualify. Service history and discharge status matter. A Certificate of Eligibility helps establish eligibility; it does not guarantee loan approval.
Does no down payment mean no money at closing?
No. No-down-payment financing may be available when entitlement and property value support it. Closing costs, prepaid expenses and a funding fee may still apply. Your Loan Estimate gives you a clearer picture of the cash you’ll need.
What about the VA funding fee?
The funding fee is a one-time charge that varies with loan type, previous use and, for purchase loans, down payment. Some borrowers are exempt, including qualifying borrowers with service-connected disability benefits and certain surviving spouses. Your lender must confirm exemption status.
Can I use my benefit again?
The VA benefit may be used more than once. Prior use, remaining entitlement and restoration requirements affect your options. A loan officer can help you review your COE and what a future purchase may require.
Is Hero Loan part of the VA?
Hero Loan is a private lender operating under Golden Empire Mortgage, Inc. A VA-backed loan is made by a private lender and partially guaranteed by the VA. Hero Loan is not a government agency, and the VA does not endorse the company.
Know where you stand
YOUR BENEFIT.
YOUR QUESTIONS. ANSWERED.
Let’s review your eligibility and options together.
Talk through my eligibility Or talk with your VA loan team: (888) 855-1341