Best answer: Can a grandchild of a veteran get a VA loan?

Do grandchildren qualify for VA loans?

Unless they remarry after the age of 57. However, disabled adult dependents of veterans are not eligible to use a VA loan. Therefore children, cousins, parents or siblings can not use the VA loan either.

Can grandchildren get VA benefits?

If you receive benefits, your child can get benefits if he or she is your biological child, adopted child, dependent stepchild, or dependent grandchild. …

Can I get a VA loan if my grandfather was a veteran?

In that vein, we commonly get asked, “If my father was a Veteran, can I get a VA loan?” Or, “Do you have to be a Veteran to get a VA loan?” The short answer is, you can’t get a VA loan as a non-Veteran. You must serve or previously served in the U.S. Military and meet the VA’s length of service requirements.

Do children of veterans qualify for VA mortgage?

While children of veterans are not eligible for a VA loan, surviving spouses may be eligible if they fall into one of the VA’s three basic areas of consideration. When it comes to VA home loan eligibility, most rules and requirements revolve around those who serve, and rightly so.

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Can I get a VA loan with my daughter?

The joint VA loan program allows Veterans and/or active-duty military members to use a joint borrower who is not a spouse or other Veteran. Most lenders won’t allow these kinds of loans and will block Veterans from buying a home with a sister, brother, mother, father, son, daughter, or someone who is unrelated.

Can I give my VA home loan to a family member?

We get many questions along these lines–can a family member use the veteran’s VA home loan benefit? The short answer is no–siblings and dependent children cannot use the VA loan benefit. … VA loan rules do not permit the children or siblings of veterans or currently serving military members to use the VA loan benefit.

Can a grandchild use a grandparents GI Bill?

The Post 9/11 GI Bill (which is the only GI Bill having a dependent transfer option) covers sons, but not grandsons. The only way a grandson could be covered would be if the grandfather would have legally adopted him (but then he would have been considered a son.)

Can a grandchild use the Hazlewood Act?

In certain circumstances, a grandchild may qualify for Hazlewood or Hazlewood Legacy benefits. For the purposes of this advisory, a “grandchild” means any child who is not a biological child, adopted child, or a stepchild of a qualified Hazlewood veteran.

Do you get extra money from Social Security for being a veteran?

Generally, there is no reduction of Social Security benefits because of your military retirement benefits. You’ll get your Social Security benefit based on your earnings and age you choose to start receiving benefits. While you’re in military service, you pay Social Security taxes, just as civilian employees do.

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Does the VA check occupancy?

Veterans and active duty personnel who secure a VA loan have to certify that they intend to personally occupy the property as a primary residence. Essentially, homebuyers have 60 days, which the VA considers a “reasonable time,” to occupy the home after the loan closes.

Can a person have two VA loans at the same time?

VA loans can only be used for primary residences, and they come with occupancy requirements to ensure that this is how the loan will be used. That being said, it is possible to have two VA loans at one time for two different primary residences.

Can active military get a VA loan?

VA Loans are Available for Active Duty Military

Generally, you’re eligible if you‘ve served at least 90 consecutive days on active duty during wartime or 181 days during peacetime. To be sure, meeting the eligibility requirements is just the first step.