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Veterans who served
on active duty and were discharged under conditions other than
dishonorable, during World War II and later periods are eligible
for VA loan benefits. World War II (September 16, 1940 to July
25, 1947), Korean conflict (June 27, 1950 to January 31, 1955),
and Vietnam era (August 5, 1964 to May 7, 1975) veterans must
have at least 90 days' service. Veterans with service only
during peacetime periods and active duty military personnel must
have had more than 180 days' active service. Veterans of
enlisted service which began after September 7, 1980, or
officers with service beginning after October 16, 1981, must in
most cases have served at least 2 years.
Persian Gulf Conflict.
Basically, reservists and National Guard members who were
activated on or after August 2, 1990, served at least 90 days
and were discharged honorably are eligible. VA regional office
personnel may assist with eligibility questions.
Members of the Selected Reserve, including National Guard, who
are not otherwise eligible and who have completed 6 years of
service and have been honorably discharged or have completed 6
years of service and are still serving may be eligible. The
expanded eligibility for Reserves and National Guard individuals
will expire September 30, 2003. Contact the local VA office to
find out what is needed to establish eligibility. Reservists
will pay a slightly higher funding fee than regular veterans.
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