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Veterans who served on active duty and were discharged under
conditions other than dishonorable, during World War II and
later periods are eligible for VA loan benefits. World War II
(September 16, 1940 to July 25, 1947), Korean conflict (June 27,
1950 to January 31, 1955), and Vietnam era (August 5, 1964 to
May 7, 1975) veterans must have at least 90 days' service.
Veterans with service only during peacetime periods and active
duty military personnel must have had more than 180 days' active
service. Veterans of enlisted service which began after
September 7, 1980, or officers with service beginning after
October 16, 1981, must in most cases have served at least 2. |
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Basically, reservists and National Guard members who were
activated on or after August 2, 1990, served at least 90 days
and were discharged honorably are eligible. VA regional office
personnel may assist with eligibility questions. Members of
the Selected Reserve, including National Guard, who are not
otherwise eligible and who have completed 6 years of service and
have been honorably discharged or have completed 6 years of
service and are still serving may be eligible. The expanded
eligibility for Reserves and National Guard individuals will
expire September 30, 2003. Contact the local VA office to find
out what is needed to establish eligibility. Reservists will pay
a slightly higher funding fee than regular veterans. |
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