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Tx Specific FinancingVa_fha_texas_rulesEASY

In Texas, the VA Certificate of Eligibility (COE) is used for which of the following purposes?

Correct Answer

B) To establish the veteran's eligibility and available entitlement for a VA-guaranteed loan

The VA Certificate of Eligibility (COE) verifies the veteran's military service and establishes their available entitlement for a VA-guaranteed loan. It is required by the lender before issuing a VA loan.

Answer Options
A
To verify the buyer's Texas real estate license status with TREC
B
To establish the veteran's eligibility and available entitlement for a VA-guaranteed loan
C
To certify that the property has passed the Texas appraisal district's inspection
D
To confirm the buyer has completed the required Texas homebuyer education course

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Related Topics & Key Terms

Key Terms:

va_loancertificate_of_eligibilityentitlementmilitary_service

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