Request For A Certificate Of Eligibility

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DISABLED AMERICAN VETERANS
Transition
Service
Office
I
February
2002
Veterans Mortgage
Application
Checklist/Reminders
Purchasing
a
home or
property
is the biggest single
financial
step
most veterans and
active duty
members ever
take.
Below,
are
things to
remember when
applying
for
a
mortgage and using
your
VA
Home
L-oan
Guaranty
benefit.
Keep in mind, although similar in most
States,
this
is
geared
toward the
State
of Louisiana.
1.
Original
sales
contract
with
complete
legal
descripion,
lot
dimensions,
year
constructed, etc.
2.
Account
names, numbers and
addresses
for
assets
(savings,
checking,
stocks, bonds, etc.)
3.
Account
names,
numbers and
addresses
for
all
outstanding
debts.
4'
Account
names, numbers and
addresses
for
current
and
recently paid
offreal
estate
loan creditors.
5.
Names and
addresses
of
present and past employers
covering
full
two-year period.
6.
Names and
addresses
of
present and past landlords
covering
a
full
two
year
priod, if
renting.
7
.
Copy
of
State
Driver's
License
and
Social Security
Card.
(FHA)
8.
Current monthly
military
service ieave and eamings
statemen(s)
or paycheck stub(s) and
last
two
years
of
tax returns
with W-2's.
9.
Copy(s) of
most recent bank
statemen(s)
and other investment account(s).
10. If
self'employed,
previous
two
y€ars tax returns, (personal and business), current Balance
Sheet,
and
year-to-date
profit
and loss statement.
I
I
.
Source
of
down
payment and
closing
cost.
-
Gift
letter
with
deposit
slip
and cancelled check or
withdrawat slip from
donor.
-
Proof
of
sale
ofprevious
home.
- Other:
12.
VALOANS:
- Copy
ofDD
Form
214 (released, discharged and/or
retired
veterans)
-
VA
Certificate of Loan
Eligibility
(active duty,
released, discharged and/or retired veterans)
-
Statement
ofActive Military
Service
(active duty
members
only).
13.
Appraisal
and
Credit Report
fees
to
be
collected
(Best estimate).
FHA
Appraisal
VA
Appraisal
Conventional Appraisal
Credit Report
$450.00
$325.00
s3s0.00
$70.00
14.
Copy oflease for
rental
property
owned.
15.
Divorce
documents,
if
alimony/child
support is received or paid.
16.
Copy of dee4
mortgage
or
suryey,
ifrefinancing.
17.
I9t"_,
I
will
gladly
complete and
mail your
VA
Form
2G1880, Request
For A Certiticate Of
Eligibility
For
YA
-fo"l
Benefits.
See
pages 3
and
4.
I
can
also
provide
a
sample statement
of
active
duty military
service,
(active
duty
members
only),
for
your commander or
first
$€rgeant
see page
2.
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