Interested homebuyers looking to obtain a home loan through the U.S. Department of Veterans Affairs have a number of documents to present in order to prove eligibility. One of the several forms needed to apply for a loan is the DD Form 214, or DD 214 for short.
The DD 214 is issued by the U.S. Department of Defense to every military service member after he or she has completed service. The form identifies the veteran’s condition of discharge as general, honorable, other than honorable, dishonorable or bad conduct.
Any military veteran who is no longer in active service is given a DD 214 form. Potential homebuyers who are in search of a VA loan but no longer have their DD 214 may request a free copy through the U.S. government’s National Archives website.
The DD 214 is an integral part of the Report of Separation, which veterans need in order to verify their service and be eligible for benefits, such as a VA home loan. It provides proof of service required for the Certificate of Eligibility (COE) required by lenders to process a VA home loan.
For more information on eligibility for the VA home loan program, contact a VA-approved lender or the Department of Veterans Affairs.