Military Careers, Retirement - Navy Times

Retiree Loans

Retirees and other eligible veterans of regular military service, including reservists, can apply for a VA-guaranteed loan to buy or build a house.

The VA also makes grants to certain veterans with permanent, service-related disabilities. They can receive up to $50,000 to modify their homes. The grants cannot total more than half the home’s cost.

A fact sheet on the VA home loan program is online at http://www.homeloans.va.gov/factsheet.htm.