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Answers to the VA Loans Quiz: Who Can Apply for a VA Loan and When?
Bruce is a wonderful resource for VA Loan information.  I've recommended his tips to a few different families relocating to the Fort Bragg NC area, near Raleigh!
Here are some great quick facts on applying for a VA Loan.
Remember, a VA Loan can be combined with the "Stanton Homes for Heroes" military discount program.
Our quiz this week was all about who is eligible for a VA home loan and when. Because the rules for VA home loan eligibility differ according to whether you're active duty, Guard or Reserve, or a surviving spouse of a military member, applying for a first time VA home loan can be a bit confusing at first. Our quiz is designed to take some of the mystery out of VA loan eligibility. 1. I recently enlisted to go active duty Air Force/Army/Navy/Marine Corps. When can I use my VA loan benefit?The correct answer to this one is C) Once you have served for on active duty for 90 consecutive days. That's the eligibility requirement for applications in times of war. In peacetime, the requirement changes to 181 consecutive days on active duty. You can get more details on VA loan eligibility here. 2. First-time VA loan ... more

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