MISMO Dataset Standard for VA Form 26-1880 Request for Certificate of Eligibility Available
MISMO®, the real estate finance industry standards organization, announced availability of a new dataset standard that supports VA Form 26-1880 Request for a Certificate of Eligibility.
The dataset has achieved “Candidate Recommendation” status, which means that it has been thoroughly reviewed by a wide range of organizations and industry participants and is available for use across the industry.
“This dataset offers the efficiency and consistency that MISMO standards bring to the real estate finance ecosystem, as it provides a MISMO-standard method for completing this certificate of eligibility form” said Seth Appleton, President of MISMO. “As part of the process that veterans use to obtain a VA guaranteed home loan, this new resource allows the industry to communicate better and faster using standardized MISMO data and extensions from the v3.5 MISMO Reference Model.”
The VA Form 26-1880 Request for a Certificate of Eligibility is completed by veterans applying for a Certificate of Eligibility that serves as proof of eligibility to obtain a VA guaranteed home loan. Veterans must meet credit and income requirements to qualify for a VA home loan.
MISMO’s work to solve key business challenges is made possible due to lender support of the MISMO Innovation Investment Fee.
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