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I’m a servicemember or veteran and I have a Certificate of Eligibility (COE) from the VA. Why do I have to apply and qualify at a bank if the VA has already certified me?

  • Listed: August 13, 2022 2:05 pm
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I’m a servicemember or veteran and I have a Certificate of Eligibility (COE) from the VA. Why do I have to apply and qualify at a bank if the VA has already certified me?

The VA loan guaranty provides a private lender with the assurance that if something goes wrong and you are unable to make the payments, the lender may go to the VA to cover its losses.

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Listing ID: 22962f7af880d811

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