VA Loan Eligibility For Surviving Dependent Children: A Reader Question
It’s assumed that the reader question here is specifically directed at VA loan eligibility for the surviving children of military members who have died. This is a very common question and one the Department of Veterans Affairs has provided the answer to on its official site. This answer should be considered the final word on the matter–there are no exceptions to VA policy when it comes to who is eligible for a VA mortgage loan.
The VA official site page titled, “Eligibility – Home Loans” provides the criteria for VA loan eligibility. It states that current and former military members are eligible for VA loans based on serving a minimum time which varies depending on when you joined and the nature of your service (active duty, Guard or Reserve).
Currently serving and former military members are eligible based on that criteria. Who else is eligible? According to the VA official site:
“You may also apply for eligibility if you fall into one of the following categories:
–Certain U.S. citizens who served in the armed forces of a government allied with the United States in World War II
–Individuals with service as members in certain organizations, such as Public Health Service officers, cadets at the United States Military, Air Force, or Coast Guard Academy, midshipmen at the United States Naval Academy, officers of National Oceanic & Atmospheric Administration, merchant seaman with World War II service, and others.”
Additionally, surviving spouses of military members who have died may also apply if they meet the eligibility criteria:
“The spouse of a Veteran can also apply for home loan eligibility under one of the following conditions:
–Unremarried spouse of a Veteran who died while in service or from a service connected disability, or
–Spouse of a Servicemember missing in action or a prisoner of war
–Surviving spouse who remarries on or after attaining age 57, and on or after December 16, 2003 (Note: a surviving spouse who remarried before December 16, 2003, and on or after attaining age 57, must have applied no later than December 15, 2004, to establish home loan eligibility. VA must deny applications from surviving spouses who remarried before December 6, 2003 that are received after December 15, 2004.)
–Surviving Spouses of certain totally disabled veterans whose disability may not have been the cause of death”
Unfortunately, the VA does not provide any eligibility for surviving dependents. Only spouses may, in the qualifying circumstances listed above, use the VA loan benefit. Potential VA loan applicants who need additional clarification on this issue should contact the Department of Veterans Affairs directly by calling 1-800 827-1000.
Do you have questions about VA home loans? Ask us in the comments section.