A certificate of eligibility is the document that is given to veterans who qualify for VA home loan programs. It is issued by the Veterans Administration (VA). After borrowers receive a certificate of eligibility, they simply give it to their lender. At that point, the lender has proof that the borrower is eligible for participation in a VA home loan program. Veterans can qualify for several beneficial programs through the Veterans Administration. These programs often require zero money down as well as very low interest rates. Utilizing such programs can provide borrowers with a much better financing package as compared to standard financing programs such as FHA or conventional loans. Veterans who are interested in utilizing these types of programs can contact the local Veterans Administration office. Lenders are also kept abreast of the current VA home loan programs that are available.