How to Get A Copy of your DD214 for a Kentucky VA Mortgage Loan Approval?

In order to get approved for a VA mortgage in Kentucky you will need to get your DD214 if you are a veteran. 

Getting a Copy of Your DD Form 214 from the National Archives

The National Archives in St. Louis, MO processes all DD Form 214 requests. Veterans and their next of kin have two methods for requesting copies of military records.

Required information to request replacement DD Form 214:

  • Veteran’s complete name used while in service.
  • Service number or Social security number.
  • Branch of service.
  • Dates of service.
  • Date and place of birth (especially if the service number is not known).
  • Recommended information (not required, but may help expedite the process): Purpose for request (applying for benefits, preparing to retire, researching personal military history), deadline, additional forms or information required.
If you believe your records may have been destroyed in the 1973 fire, then you should have the following information available:
  • Place of discharge.
  • Last unit of assignment.
  • Place of entry into the service, if known.
The Privacy Act of 1974 requires all military records requests be submitted in writing. The veteran or next-of-kin must sign and date each DD Form 214 request.

Posted by

Louisville VA, FHA, USDA, KHC , Fannie Mae Mortgage Guide: What is the minimum credit score I need to qualify...

Louisville VA, FHA, USDA, KHC , Fannie Mae Mortgage Guide: What is the minimum credit score I need to qualify...: Question: What is the minimum credit score I need to qualify for a Kentucky mortgage currently in 2018?  Answer: The ...
Posted by

FREQUENTLY ASKED QUESTIONS FOR KENTUCKY VA MORTGAGE LOANS

FREQUENTLY ASKED QUESTIONS FOR KENTUCKY VA MORTGAGE LOANS




What Does Having Basic Entitlement of $36,000 Mean?
The $36,000 does not represent the maximum loan amount you can obtain through the VA Home Loan Program. The figure merely provides evidence to your lender that you have full VA entitlement.
With this entitlement and underwriter approval, you can obtain a loan in an amount up to $417,000; some high cost counties have even higher limits.
I Now Have My COE, What Do I Do Next?
 Contact any VA approved lender and start the loan process. Do note that the COE does not guarantee you a VA loan; you still must qualify based upon your income and credit.
How Do I Apply For a Loan?
VA does not do any direct lending, and as such VA does not accept loan applications from veterans. You must contact a VA approved lender in order to apply for a VA loan. For more information about VA loans, visit www.benefits.va.gov/homeloans/.
What is the VA Interest Rate?
VA does not establish interest rates or closing costs for VA loans. Rates are negotiable between you and your lender. It is advisable to obtain quotes from at least three different lenders.
 119ed-4button_askquestion
What is the Minimum Credit Score Required for a VA loan?
VA has no minimum credit score requirement. However, the lender you choose to do business with may have such a requirement.
What Types of Property Does My COE Cover?
The VA Home Loan program guarantees loans for real property that is to be used by the veteran as a primary residence. The program does not cover vacation homes, vacant land, multiplexes in excess of four units, motorhomes, small business loans, or commercial buildings.
Can I Use My VA Entitlement to Refinance?
Yes. You can refinance any type of loan on your property using your VA entitlement.
Why Does My COE Reflect a Paid-in-Full Loan With No Restoration of Entitlement?
In order for entitlement to be restored, the prior VA loan must be paid in full and the property disposed of. If you no longer own the property, please state as such on your application form 26- 1880 and resubmit. Do note that you can obtain a restoration of entitlement without disposing of the property when the loan is paid in full on a one time basis

3c478-imagescav8tdhz
Joel Lobb
Senior  Loan Officer
(NMLS#57916)
text or call my phone: (502) 905-3708
email me at kentuckyloan@gmail.com
The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people. NMLS ID# 57916, (www.nmlsconsumeraccess.org). Mortgage loans only offered in Kentucky.
All loans and lines are subject to credit approval, verification, and collateral evaluation and are originated by lender. Products and interest rates are subject to change without notice. Manufactured and mobile homes are not eligible as collateral.

I have originated over 125 Kentucky VA Mortgage loans in my career. As a former Army Tanker, put my experience to work for you. I offer free VA Home loan approvals & local service. I hope you find this website informative and hope it can give you more confidence as you shop for your next Kentucky VA loan. I can be reached locally in Louisville Kentucky Text/call 502-905-3708 NMLS 57916 Equal Housing Lender. Not affiliated with VA or any other government agency


4454e-object_preapproval.gif
Posted by

What is Title Insurance and Why Do I Need It?

Posted by

Louisville VA, FHA, USDA, KHC , Fannie Mae Mortgage Guide: Frequently asked questions to common Kentucky mor...

Louisville VA, FHA, USDA, KHC , Fannie Mae Mortgage Guide: Frequently asked questions to common Kentucky mor...: Kentucky Mortgage FAQs Browse our frequently asked questions to get answers on Kentucky Mortgage Loans What documents do I ne...
Posted by

Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgage: $10,000 Down Payment Grant from Kentucky Housing f...

Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgage: $10,000 Down Payment Grant from Kentucky Housing f...: No Cost or Obligation Easy Loan Process Flexible Underwriting Expert Advice on the Kentucky Housing $10,000 Grant for First Tim...

Apply for a home loan by clicking the link below:



It's free and takes less than 5 minutes

Or call us at 502-905-3708 for your free application over the phone
Posted by

KHC has $1.8 million available in MRB, Special Funding, for active or non-active duty veterans at a 2 percent interest rate, fixed for 30 years








Home Buyer Tax Credit Program Continues
Kentucky Housing Corporation (KHC) is pleased that the $1.5 trillion tax reform bill was signed into law, retaining the tax-exempt bonds and preserving the Mortgage Credit Certificate (MCC), Homebuyer Tax Credit, program.
$1,500 Affordable Closing Cost Fund - Extended
KHC still has $73,500 available for the Affordable Closing Cost Fund. The ACC Fund is a $1,500 gift, documented by the KHC Commitment Letter, for borrowers that utilize a conventional first mortgage and who fall under the Affordable DAP Income Limits. Pursuant to Fannie Mae Selling Guide under part B3-4.30-06: The $1,500 will show as a gift in the DU findings and the Closing Disclosure will show ACC Funds from KHC in Bucket L, Paid Already by or on behalf of Borrower at Closing. There is a special feature code 843 but it is not entered into DU. The loan must close by Wednesday, February 28, 2018.


Operation KY Home - MRB Special Funding Program
KHC has $1.8 million available in MRB, Special Funding, for active or non-active duty veterans at a 2 percent interest rate, fixed for 30 years. This special funding program is available on a first-come, first-served basis.
More information is available at www.OperationKYHome.com.
This program is targeted to:
  • Households whose gross annual income does not exceed $40,000.
  • An existing or new construction property (purchase price limit $130,000).
  • 620 minimum credit score.
  • FHA, VA or RHS first mortgage options.
  • Households who include active / non-active duty veterans or other persons receiving VA Benefits.                                           
Documentation may include but not limited to:
    • Leave and Earnings Statement (LES)
    • DD214 - Discharge from Active Duty
    • VA Award Letter
  • Must meet insuring agency guidelines.
  • Available statewide.
  • Both Regular and Affordable DAP are available.





http://www.emailmeform.com/builder/form/0bfJs9b6bK8TGoc6mQk9hIu

Joel Lobb (NMLS#57916)
Senior  Loan Officer

American Mortgage Solutions, Inc.
10602 Timberwood Circle Suite 3
Louisville, KY 40223
Company ID #1364 | MB73346


Text/call 502-905-3708
 kentuckyloan@gmail.com


http://www.nmlsconsumeraccess.org/

Disclaimer: No statement on this site is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet Loan-to-Value requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant's eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over the life of a loan. Reduction in payments may reflect a longer loan term. Terms of any loan may be subject to payment of points and fees by the applicant  Equal Opportunity Lender. NMLS#57916 http://www.nmlsconsumeraccess.org/

-- Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. Rates are subject to change and are subject to borrower(s) qualification.

Posted by
Subscribe to: Posts (Atom)