Who would qualify for a Veterans Administration (VA) home loan?
VA home loans were set up as a way to thank honorably discharged veterans for serving their country. As you’ve already guessed, the VA in VA home loans stands for Veterans Administration. Not everybody who was or is still in the Armed Forces qualifies for VA home loan benefits. If you are not in the Armed Forces anymore, you need to have been honorably discharged in order to qualify. If you are the widow or widower of an honorably discharged veteran, you also qualify. For Wartime Veterans If you are a veteran that saw active combat, then you have less stringent eligibility requirements for VA home loan benefits. You need to have served at least 90 days, unless you were honorably discharged before 90 days of service due to getting injured in combat or in training for combat during wartime.
