VAFORMS.NET – VA Form 26-6705b – Credit Statement of Prospective Purchaser – Whether you’re a prospective VA loan applicant or not, form 26-6705b is an essential tool to get you started. This document serves as the credit statement of your prospective loan and provides a brief summary of your financial history, including any past or current credit problems. With this information, your VA Loan officer can better assess your application and determine whether you qualify for a loan.
Download VA Form 26-6705b – Credit Statement of Prospective Purchaser
|Form Number||VA Form 26-6705b|
|Form Title||Credit Statement of Prospective Purchaser|
|Edition Date||June 2022|
|File Size||906 KB|
Where Can I Find a VA Form 26-6705b?
The best place to find this elusive gem is on the ol’ internet. A quick search in your browser’s bookmarks folder will yield a number of results. If your internet has been tamed by your favorite coffee slinger, you might have to rely on the good old-fashioned telephone for help. Or, you could have a go at a private listing. On a side note, the VA isn’t just a loan lender, it’s a tad bit of a property sales outfit. As such, acquiring the right property at the right price requires a well-oiled dealmaking machine. So, where to start?
VA Form 26-6705b – Credit Statement of Prospective Purchaser
If you are applying for a VA loan, you will need to provide a Certificate of Eligibility (COE). This document serves as proof of military service and indicates the eligibility of the applicant. The COE will include the name of the applicant, the name of the VA employee, and the branch of service that the applicant served in.
You can get a COE online through Veterans United, or you can apply by mail. However, you will need to provide additional documentation to verify your eligibility.
Your Certificate of Eligibility will also tell you whether you are eligible for a home loan. In some cases, the VA can attach property or even future tax refunds to your loan.
If you have a family member who is a veteran, you may be entitled to a preference. This preference will ensure you are listed before non-preference eligibles in the same quality category.
To qualify, a veteran must have been discharged under honorable conditions. He or she must also have attempted to find a job in the civil service.
Active service includes full-time National Guard duty, full-time training duty, and attendance at a service school. A student who attends a full-time class, or is on an appointment, is eligible for VA educational benefits.