Veterans who have completed 24 months of continuous active duty and have been discharged under conditions other than dishonorable, or who are currently serving on active duty or in the National Guard or the Reserves, or are honorably discharged from these components, are eligible for guaranteed loans to purchase, repair, or refinance a home. Based on purchase price and local limits, a down payment may not be required. Periods of required service are less for Veterans of earlier wartime service.
The best way to obtain your certificate of eligibility (COE) is to utilize the Department of Veterans Affairs and the Department of Defense eBenefits Website. On this site you can print off your COE in as little as 24 hours, as opposed to 8 weeks through the traditional paper application route!