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Veteran Services: Finance Questions

Finances

You're working, and you've got a family that depends on you - both now and down the road. Where do you invest your money? Do you borrow against the equity in your house? Through a preferred provider relationship with USAA, The American Legion can provide expert financial advice to just about any question.

Questions & Answers

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Financial Questions & Answers

Question:

I’m a widow of a Vietnam vet who was 50-percent disabled when he passed away. The VA gave me widow’s benefits, and I thank you for this. My question is, am eligible for a home loan? – Karen

Answer:

It sounds like you’re interested in a Veterans Affairs guaranteed home loan. We think you should give the VA a call at (800) 827-1000. If you did not remarry, and your husband passed away as the result of a service-connected disability, you should be eligible for a VA loan. The primary advantage of a VA loan is that it requires no down payment. However, you still need to qualify for the loan through a participating lender. The people here at USAA should be able to answer any specific questions you have on the topic or process. Give them a call at (877) 699-2654.