Draftee and Vet Loan Rules for a Second GI Home
Major Thomas M. Nial explains when veterans with previous GI home loans can secure another guaranteed by the Veterans Administration. Most are ineligible. exceptions exist for pre April 20 1950 loans, Korean era veterans with WWII GI Bill loans, and cases involving destroyed homes or other losses.
MENTIONED IN THIS ARTICLE
Thomas M. Nial
Veterans Administration
Federal Housing Administration
Cap Thar Ev
Bank
Building and Loan Association
VA loan restoration rules cited for GI home buyers
In a Frederick News item from December 1 1954 the paper outlines VA loan restoration rights for first homes bought with GI loans. It lists compelling reasons health employment or other factors beyond control for disposals and instructs petitioning the VA regional loan guaranty officer to restore loan rights with a stamped self addressed envelope and 20 cents.
MENTIONED IN THIS ARTICLE
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Nial
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