What document must a veteran receive before applying for a VA loan?

A veteran must receive a Certificate of Eligibility before applying for a VA loan. This document verifies that the veteran meets the necessary service requirements and is entitled to the benefits of the VA loan program. The Certificate of Eligibility is crucial because it outlines the amount of loan entitlement available to the veteran, which can influence the loan amount and terms available to them.

This requirement ensures that veterans have access to the necessary documentation that confirms their eligibility for VA financial assistance, allowing them to proceed with their home-buying process with the support of specific benefits available only to them. The other options, while related to the home buying process, do not serve as proof of eligibility for the VA loan program. For instance, a homebuyer assistance certificate is not exclusive to veterans and varies based on state programs, while loan approval notices and property appraisal statements are more procedural documents that come into play after the eligibility has already been established.