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Buying a home for the holidays, and hoping for a bargain? Learn the pros and cons of buying a home during the winter months.

Buying a home for the holidays, and hoping for a bargain? Learn the pros and cons of buying a home during the winter months.

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

Keith Gumbinger

Yes. National Guard and Reserve members may qualify for a VA home loan. According to VA.gov, for National Guard and Reserve members to be eligible for a VA home loan they 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

VA-backed mortgage can convey a lot of benefits to a prospective homebuyer, including the ability to buy a home with no money down. To learn more about VA mortgages, VA loan qualifying and see offers from VA loan lenders, visit our VA home loans resource page.

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