Let us first examine the benefits of getting a Veterans Administration (VA) mortgage loan before answering the question. The main advantage of a VA mortgage loan is that it is guaranteed so that the borrower need not pay private mortgage insurance or PMI to get a home loan without a required down payment. In most cases, a veteran may be able to borrower up to 100 percent of the selling price of the property as long as it does not exceed $417,000.

It should be noted that the VA does not act as the lender but only guarantees the loans for a veteran. Also, the VA may only provide a guaranty to a veteran or military person subject to certain requirements such as a good credit score. Being a veteran does not automatically ensure eligibility for the VA guaranty. It is important to consult a credit counselor or financial planner in determining eligibility and in preparing the required documents.

An easy way to obtain proof of eligibility for a VA mortgage loan is through the online service known as Automated Certificate of Eligibility or ACE. However, some people may not be able to use this because the ACE database does not have sufficient information on them. For those who are able to use ACE, they can mail their VA Form 22-1880 and a photocopy of their DD-214 discharge documents to the appropriate regional Eligibility Center.

The reason for the question on whether unmarried borrowers can get a VA mortgage is that a co-signer may be required for a VA mortgage loan. Normally, the spouse of a veteran or military member is acceptable as co-signer for the loan. However, two unmarried veterans or military members may still be able to co-sign for a VA loan. A non-military co-signer may also be permitted but the VA guaranty is only extended to the veteran’s portion in the property. It should also be noted that some lenders are not amenable to this kind of arrangement. Therefore, it may require a bit more research to find the lender who would be willing to accept this kind of mixed loan.

Moe Bedard
My name is Maurice "Moe" Bedard. I am the founder of America's #1 Mortgage Forum, LoanSafe.org. My online work has been featured in the New York Times, LA Times, Fox Business, and many other media publications.