We research, you save.
Got Questions On Rates? (855) 610-2972

I’m in the National Guard, am I eligible for VA benefits?

Yes. National Guard and Reserve members may qualify for a VA home loan. According to VA.gov, National Guard and Reserve members must meet one of the following conditions:

  • You have six years of service in the Selected Reserve, AND
    • Were discharged honorably, OR
    • Were placed on the retired list, OR
    • Were transferred to the Standby Reserve or an element of the Ready Reserve other than the Selected Reserve after service characterized as honorable, OR
  • You continues to serve in the Selected Reserve longer than six years, OR
  • You served for 90 days or more on active duty during a wartime period, OR
  • You were discharged or released from active duty for a service-connected disability

To learn more about VA mortgages, visit our VA home loans resource page.

More help from HSH.com

  • Will the debt forgiven from my loan modification be treated as income and taxed?

    Mortgage debt forgiven via due to principal reductions in HAMP and other mortgage modifications aren't subject to tax, but there are conditions you should know.
  • Advantages of FHA mortgages in 2018

    Although the cost of an FHA-backed mortgage isn't likely to get any cheaper in 2018, access to credit for homebuyers with less-than-stellar credit should improve.
  • Is your VA mortgage refi a 'churn'?

    Veterans have been lured into refinancing their VA-backed loans multiple times with promises of savings that never materialize.

No Comments

Leave a Comment
Mortgage Rates from 0.00%