Minnesota VA Home Loan
Eligibility You must have suitable credit, sufficient income, and a valid Certificate of Eligibility (COE) to be eligible for a Minnesota VA-guaranteed home loan. The home must be for your own personal occupancy. The eligibility requirements to obtain a COE are listed below for Service-members and Veterans, spouses, and other eligible beneficiaries.
A Minnesota VA home loan can be used to:
Eligibility Requirements for a MN VA Home Loan
Service members and Veterans
To obtain a COE, you must have been discharged under conditions other than dishonorable and meet the service requirements in the chart below.
Spouses The spouse of a Veteran can also apply for home loan eligibility under one of the following conditions:
A qualified Veteran-transferee (buyer) agrees to assume the VA loan and substitute his or her entitlement for the same amount of entitlement originally used by the Veteran seller. The entitlement may also be restored one time only if the Veteran has repaid the prior VA loan in full, but has not disposed of the property purchased with the prior VA loan. Remaining entitlement and restoration of entitlement can be requested through the VA Eligibility Center by completing VA Form 26-1880.
*If you do not meet the minimum service requirements, you may still be eligible if you were discharged due to (1) hardship, (2) the convenience of the government, (3) reduction-in-force, (4) certain medical conditions, or (5) a service-connected disability.