c. Conditions Listed On Some COE Forms

Conditions that the lender and veteran must comply with are listed on the COE.  Some COE forms list 5 conditions with a checkmark box in front of each condition.  VA places a checkmark by any that are applicable. 

The following table provides the actions a lender should take for each condition, if applicable:

Condition

What to Do

Valid unless discharged or released subsequent to date of this certificate. A certification of continuous active duty as of the date of note is required.

Ensure the veteran is still on active duty before closing the loan.  If the veteran is discharged or released prior to loan closing, request a new eligibility determination from VA.

Excluded entitlement previously used for VA LIN [number] as shown herein is available only for use in connection with the property which secured that loan.

If the entitlement used for the prior loan identified in this condition is needed for the proposed loan, ensure the proposed loan will be secured by the same property as the prior loan.

Entitlement has been used for manufactured home purposes. Remaining entitlement for additional manufactured home use is: $ [amount].

If the proposed loan involves a manufactured home, adhere to the entitlement limit indicated.

Not eligible for any loan to purchase a manufactured home unit until veteran disposes of unit purchased with manufactured home loan number VA LIN [number].

If the proposed loan involves a manufactured home, ensure that the veteran has disposed of the unit indicated.

Entitlement previously used for VA LIN [number] has been restored without disposal of the property, under provision of 38 U.S.C. 3702b(4). Any future restoration requires disposal of all property obtained with a VA loan.

This is information for the veteran. The lender need not be concerned if this condition is applicable, as long as the available entitlement shown on the COE is sufficient for the lender’s purposes.