National Guard members and reservists: The VA loan program is for you, too

The VA home loan is an incredible benefit for veterans and active-duty military personnel. But what about National Guard members and reservists? They can take advantage of VA financing as well, provided they meet certain criteria. For example, reservists need to have completed at least six years of honorable service, be mobilized for active duty service for a period of at least 90 days or have been discharged because of a service-connected disability to qualify for VA financing.

national guard va loanMany reservists and guard members who meet these requirements aren’t always aware that they qualify. But it’s important to find out, because National Guard members and Reservists can earn the same great VA loan benefits as active duty service members and veterans, with only slight exceptions.

VA loans are provided by VA-approved lenders such as Uniform Services Veterans Mortgage (USVM) and are guaranteed by the federal government. At USVM, we believe that those who are serving or who have served our country deserve the home of their dreams. The exclusive VA home financing benefit is offered to eligible service members, veterans, and some military spouses to buy a new home with no money down or to refinance. Guardsmen and Reservists may qualify for a VA loan after meeting different eligibility requirements. These members typically need at least six years of service as well as these other qualifications:

  • Honorably discharged
  • Retired
  • Transferred to Standby Reserve or Ready Reserve after an honorable discharge
  • Served or serves in the Selected Reserve (with the six years of service requirement)
  • Released from service due to a service-related disability

After meeting the necessary requirements, the next step is obtaining a Certificate of Eligibility (COE). The COE is an important step in securing your VA home loan as it verifies the length and character of service. A Certificate of Eligibility should be requested as soon as the decision to buy a home is made as the processing times vary depending on the VA’s workload. Guardsmen and Reservists may request the COE by submitting VA Form 26-1880. The COE never expires, unless it was obtained while on active duty. If so, veterans must request a new COE after leaving active service.

Our mission is to help current and former members of our nation’s military to understand and use their VA benefits to accomplish their home-buying goals. Let our team of experienced VA mortgage professionals show you how easy a VA home loan can be to obtain. Visit us online to get started


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