The Home Mortgage Help Source
By Ron Kerwood

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Veteran Eligibility Requirements

If you served...                 You need...  
WWII                     09/16/40 - 07/25/47 90 days of active service
Pre-Korea                07/26/47 - 06/26/50 181 days of continuous active service
Korea                      06/27/50 - 01/31/55  90 days of active service
Post Korea              02/01/55 - 08/04/64 181 days of continuous active service
Vietnam                   08/05/64 - 05/07/75  90 days of active service
Post Vietnam          
                              
05/08/75 - 09/07/80 enlisted
05/08/75 - 10/16/81 officer
181 days of continuous active service
Peacetime        after 09/07/80 enlisted
or 10/16/81 officer to 
08/01/90
24 mos of continuous active service or the full (181days min) period you were ordered to serve
Persian Gulf War  (Active)    08/02/90 - present 24 mos of continuous active service or the full (90 days min) period you were ordered to serve
Persian Gulf War  (Training)   08/02/90 - present No eligibility earned
Reserves Active Unit & Attended Drills & 2 Week Active Duty 6 years of reserves  (expires 09/30/07)
National Guard Active Unit & Attended Drills & 2 Week Active Duty 6 years of duty  (expires 09/30/07)
Some spouses of veterans may have home loan eligibility. They are
  • the unmarried surviving spouse of a veteran who died as a result of service or service-connected causes, and
  • the spouse of an active duty member who is listed as missing in action (MIA)or a prisoner of war (POW) for at least 90 days. Eligibility under this MIA/POW provision is limited to one time use only.

 

All of the above is still subject to approval from the Veteran's Administration.  If you want help filing for your Certificate of Eligibility, contact me for assistance!