VA Loan Documentation: COE, DD-214, and Entitlement Guide
VA loans require documentation unique to the military benefit — Certificate of Eligibility, DD-214, and disability rating letters for funding fee exemptions.
What the Lender Requires
- Certificate of Eligibility (COE) via VA.gov, LGY system, or DD-214
- DD-214 (Member Copy 4) for veterans
- Statement of Service for active duty
- Disability rating letter for funding fee exemption
- VA Funding Fee calculation or exemption documentation
- VA MPR compliance from appraisal
How CTC Processes VA Loan Documentation Requirements Files
- 01CTC orders COE through LGY system
- 02Calculate entitlement and funding fee
- 03Order VA appraisal
- 04Review MPRs
- 05Coordinate VA-specific closing requirements
Common Conditions Related to VA Loan Documentation Requirements
- Service records if COE cannot be automatically obtained
- Restoration of Entitlement if prior VA loan not fully paid
- Prior VA loan payoff/assumption documentation
- Surviving spouse eligibility documentation
How CTC Handles VA Loan Documentation Requirements
VA loans are CTC's highest-volume government program in Colorado. Fort Carson, Peterson, Schriever, and NORAD drive significant military buyer traffic. CTC coordinates COE, entitlement review, and funding fee calculations on every VA file.
Frequently Asked Questions
What is a Certificate of Eligibility (COE)?
The COE confirms a veteran's eligibility for VA loan benefits. CTC obtains COEs through the VA's LGY system on day one. If automated lookup fails, CTC submits via DD-214.
Is the VA funding fee waived for disabled veterans?
Yes — veterans with a service-connected disability rating of 10% or higher are exempt. The VA disability rating letter is required to document the exemption.
What are VA Minimum Property Requirements (MPRs)?
VA MPRs require safe, sanitary, and structurally sound conditions. VA scrutinizes roof condition, wood-destroying organisms (termites), and mechanical systems. CTC reviews the VA appraisal specifically for MPR issues.