VA Loans
VA Loan Tip #9: A VA certificate of eligibility is renewable on a one-time basis. You qualify if the existing VA loan is paid in full.
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VA Loan Tips

Renewable VA Certificate of Eligibility

A VA certificate of eligibility is renewable on a one-time basis. You qualify if the existing VA loan is paid in full, but you still own the property. Under the rules, you ordinarily must prove the property has been sold, but thanks to the one-time exception you may renew the VA certificate of eligibility. All you need to do is complete VA form 26-1880 and send it to the nearest VA Eligibility Center.

Remember that getting released from liability for a VA loan or having a debt waived by the VA is not the same as paying off the loan. In that case you'll have to pay back the government's loss. Once that is done, the certificate of eligibility may be renewed.



VA Loan Tips for Veterans

  1. Entitlement to a VA Home Loan
  2. Advantages to the VA Guaranteed Loan
  3. About VA Loans with Adjustable Rates
  4. Getting Pre-approved for Your VA Loan
  5. Eligibility for a VA Home Loan Guaranty
  6. Your Discharge May Affect Your Chances
  7. I Lost My DD214
  8. For Those Who Already Have a VA Loan
  9. Renewable VA Certificate of Eligibility
  10. VA Loan Partial Eligibility
  11. VA Loans and Rental Properties
  12. VA Loans and Your Debt Ratio
  13. Uses for Your VA Loan
  14. About the VA Funding Fee
  15. Co-signers on VA Loans
  16. The Veterans Benefits Act of 2004
  17. VA Home Loans and Fair Housing Laws
  18. VA Pre-approved but Can't Find a House
  19. VA Loan Foreclosures
  20. Improving Credit to Enhance VA Loan Eligibility
  21. Help for VA Homebuyers
  22. VA Loans to Purchase Farms
  23. VA Loans for Properties Outside of the US
  24. VA Home Loans After a Borrower's Death
  25. Selling a VA Loan Property
  26. VA Mortgage Payments

VA Loan Rates
for 11/07/2009

30 Year Fixed
0.000 points
4.875%
4.980% APR

15 Year Fixed
0.000 points
4.500%
4.679% APR

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