Any veteran of the United States Armed Forces has access to various benefits aside from a pension received due to military service. Generally, unless full-time military service ended in a dishonorable discharge, veterans are eligible for a number of additional programs that can help with life after military service. Here are a few of the available options:

In 1944, the Servicemen’s Readjustment Act (informally known as the G.I. Bill) was passed by Congress, which provided eligible veterans with a wide array of benefits. Many of the perks included in the Act was the ability for veterans to apply for low-cost housing and business loans, and educational stipends, thereby encouraging them to return home and return to work or school, and get back into civilian life as seamlessly as possible.

In the 1970s the Veterans Housing Act (1970) and the Veterans Housing Benefits Improvement Act (1979) removed termination dates for applying for loans and bumped the benefits that veterans were eligible. All of these benefits were restricted to veterans who had served on active duty during specified dates. Then the Veterans Home Loan Program Amendments of 1992 came along and expanded the program to include military reserve personnel and those serving on the National Guard.

Recently, on August 6, 2012, the Honoring American’s Veterans and Caring for Camp Lejeune Families Act was signed, providing loan benefits to the unmarried widows of military personnel.

The symptoms of this disorder can be crippling, including severe nightmares, insomnia, and flashbacks. The Department of Veterans Affairs offers free counseling sessions, which can be used to treat PTSD and other mental or emotional issues that can stem from military service.

After narrowing down the needs of the family by home type, a person can begin to narrow down the available selection even farther with the filter of specific features that the family will require the home have. Some considerations that will be very important to the homeowner later on once they have moved into the home will include such things as the location of the home, the layout of the home, and even specific features like the placement of the bathrooms, bedrooms, and garage or storage space.

These loans are meant to assist veterans in purchasing property in areas where private financing is not available. VA home loans are also designed to allow veterans to begin a house purchase with no down payment.

Regardless of the situation, qualified individuals seeking to purchase a home should seriously consider what the VA loan has to offer. These loans provide some of the most flexible and lenient rules and requirements, allowing individuals with low incomes to easily afford a comfortable space for their families.

Since the program was established in 1944 with the original G.I. Bill, the Department of Veterans Affairs stated that as of October 2012, it has guaranteed 20 million home loans. Number 20 million was provided to the surviving spouse of an Iraq War veteran. For more information on VA loans and other home loan options, contact Government Loan Pro today.

Government Loan Pro is a licensed VA and FHA mortgage broker and we can provide a large variety of VA loan options for you and your family. We make it easy to find refinancing options for your VA home mortgage loans, great rates on purchasing loans, and we’ll connect you to the mortgage lender who can answer your questions and help you make the decisions that fit your financial needs.