How to Secure the Best Personal Loans for Active Duty Military
Personal loans cover immediate cash needs, but buying a home requires your VA home loan entitlement. Backed by the federal government, VA mortgages offer 100% financing and don’t require private mortgage insurance (PMI). Active duty personnel qualify after 90 continuous days of service. You can obtain your Certificate of Eligibility (COE) online through the VA portal or directly through a VA-approved lender. Service members who have earned a Purple Heart can even receive a complete waiver of the VA funding fee if they close while still on active duty.