VA LOANS ARE A WONDERFUL OPTION FOR OUR VETERANS AND SERVICE MEMBERS! WHO QUALIFIES?
Posted by Sondra Ambrister on
Are you curious who qualifies to receive a VA loan?
Per Kori Weiss at KTL Performance Mortgage, here is some in-depth information on who qualifies for a VA loan.
In general, the following types of service are eligible:
- Active Duty
- Veterans
- Reservists
- National Guard
- Surviving Spouses may be eligible if their spouse died in the line of duty or as a result of a service-related disability. To be eligible, a surviving spouse cannot have remarried.
Typically, veterans and service members are eligible if:
- They have served 90 consecutive days of active service during wartime, OR
- They have served 181 days of active service during peacetime, OR
- They have more than 6 years of service in the National Guard or Reserves …
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