What is required from a veteran to verify their eligibility for a VA loan?

The correct answer is the certificate of eligibility. This document is essential for veterans seeking to participate in the VA loan program, as it formally verifies their eligibility for VA benefits, including home loan guarantees. The process of obtaining this certificate helps lenders confirm that the veteran meets the requisite service requirements and can access the advantages of a VA loan, such as no down payment and lower interest rates.

While a service record provides background on military service, it does not serve as formal verification for loan eligibility on its own. Tax returns and income verification documents play important roles in determining a borrower's overall financial status and ability to repay a loan, but they do not address the eligibility requirements specific to the VA loan program. Therefore, the certificate of eligibility is the definitive document required to ensure a veteran can benefit from the unique aspects of a VA loan.