Military Benefits

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January 1, 1 6 min read Definitions

Certificate of Eligibility VA Loan Veterans Affairs Home Loan Guarantee Mortgage Military Benefits

A Certificate of Eligibility (COE) is issued by the Department of Veterans Affairs (VA) to indicate that the recipient is eligible for a home loan guaranteed by the agency.

January 1, 1 6 min read Definitions

Funding Fee (VA)

Funding Fee VA Loan Mortgage Department of Veterans Affairs Military Benefits Home Financing

A nominal fee charged by the Department of Veterans Affairs to those receiving a mortgage guaranteed by the VA, which helps to fund the VA loan program.