The VA Home Loan offers military members wishing to move to or needing to relocate to Nevada the perfect opportunity to do so for zero money down. Backed by the Department of Veterans Affairs, the VA Home Loan provides veterans and active duty service members with unique benefits and flexible eligibility requirements that they wouldn’t find with other conventional programs.
VA Certificate of Eligibility:
Get your VA Certificate of Eligibility Fast
Receiving your Certificate of Eligibility is a must to get a VA Home Loan. After establishing basic eligibility for a VA Loan you will need a Certificate of Eligibility (COE). The COE verifies to the lender that you have met, and are eligible for a VA Home Loan.
Veterans and active duty service members must also submit a Certificate of Eligibility in order to qualify for a VA Home Loan. If an eligible military member doesn’t have their COE, a VA Loan Specialist may be able to help them obtain one.
The VA offers multiple options when obtaining your COE. You can directly get your COE by mailing in Form 26-1880, or by applying through the eBenefits portal or through your lender if they have access to the Web LGY system like VAMortgageCenter.
The Department of Veterans Affairs encourages all VA Loan applicants to ask their lender about the Web LGY system since this Internet-based application can establish eligibility and issue a COE in a matter of seconds.
Nevada Military Bases
Hundreds of military families are required to relocate every year, and many desire to purchase a home in their new area to help start life anew. For military members needing to relocate to Nevada, there are three major military bases within the state they will most move near:
- Fallon Naval Air Station – Lahontan Valley
- Nellis Air Force Base – North Las Vegas
- Creech Air Force Base – Indian Springs
Speak with a Specialist
For any additional questions regarding your VA Home Loan, contact a Nevada VA Loan Specialist. VA Loan Specialists are standing by to help guide you through the lending process and to answer any questions regarding loan qualification.
If you’re a Las Vegas Veteran, a VA Mortgage may be an excellent option to consider when pre-qualified for new home loan. What Are VA Loans? As a way to honor and serve those who served the nation in World War II, the U.S. government created the VA Loan Guaranty program. Since then, the …
VA Loans offer exceptional benefits for those who have served our county. The biggest advantage with VA loan is you can purchase a home with no money down. VA Loans have no monthly private mortgage insurance (PMI) resulting in a lower house payment for you. Down payment and monthly payment are often the biggest hurdle to home ownership. A VA Home Loan eliminates these obstacles. You may also refinance your VA Loan up to 150% of the property value
A Nevada VA Loan can be used to
– Buy a home or condominium unit in a VA-approved project
– Build a home
– Purchase and improve a home
– Install energy-related improvements
– Buy a manufactured home or lot
Basic Service Requirements
– At least 90 consecutive days on active duty during wartime
– At least 181 days of continuous active duty during peacetime
– Completed a total of 6 years in the Selected Reserves or National Guard
To qualify for a VA Loan in Las Vegas you must apply for a Certificate of Eligibility (COE) by filling out a government form (VA Form 26-1880) which is a request for a certificate of eligibility for home loan benefits. Traditionally you present this form along with your military service documents to a VA center.
We can help you obtain your COE, as well as help you collect other documents required for the Nevada VA Loan Program.
Other Eligibility Beneficiaries
The other groups who may be eligible for VA home loan benefits include: unmarried spouses, U.S. citizens who served in the armed forces of a government allied with the United States during WWII. Additional eligible applicants include individuals with service as members in certain Government and Public Service Organizations such as Public Health Service officers, cadets at the United States Military, Air Force, Coast Guard Academy, midshipmen at the United States Naval Academy, officers of National Oceanic & Atmospheric Administration, merchant seaman with World War II service, and others.