New changes passed by Congress and signed by the President have expanded Veteran eligibility and access to VA’s home loan program.

Public Law 116-315, “The Johnny Isakson and David P. Roe, M.D. Veterans Health Care and Benefits Improvement Act of 2020”

  1. Broadens the timeframe of Veterans qualifying for the Vietnam War era and has been revised to include those who served from November 1, 1955. The previous date was February 28, 1961.
  2. Authorizes benefit access for those service members and Veterans mobilized to perform full-time National Guard duty for not less than 90 cumulative days, including at least 30 days consecutive.
  3. Veterans, service members, and certain surviving spouses with VA-guaranteed home loans in areas that have been declared major disasters by the President and whose residences have been substantially damaged are now eligible to be charged a first time use funding fee on a new VA-guaranteed loan rather than a subsequent use funding fee. The new VA-guaranteed loan must be for the repair or construction of the dwelling and closed within three years of the presidential declaration of the disaster.

For more information about the VA Home Loan Program, visit

Veterans and service members interested in exploring VA home loan options or applying for a loan are encouraged to contact a mortgage lender of their choosing.