Finance
In South Carolina, what is a 'certificate of eligibility' in VA lending?
AA certificate confirming a property is eligible for FHA financing
BA document issued by the VA confirming a veteran's eligibility and entitlement for a VA home loan✓ Correct
CA lender's certification of loan approval
DA certificate from SCREC confirming an agent's eligibility to work with veterans
Explanation
A Certificate of Eligibility (COE) is issued by the Department of Veterans Affairs to confirm that a borrower meets the military service requirements for a VA home loan and shows the amount of entitlement available.
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