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Both spouses can apply for a mortgage, and both of their incomes can be used for qualification. ... The VA loan benefit is also transferred to surviving spouses who have not remarried or to some who remarry after the age of 57. Marriage…

What happens to a VA loan in a divorce? Ability to Apply VA Loan to a Member of the Army His wife is only eligible for loan assistance to any couple unless the member dies. ... If a divorce occurs, the spouse loses all rights to use or…

How long do you have to pay off a VA loan? It depends on whether you have a loan with a fixed interest rate or a mortgage with an adjustable interest rate. A fixed rate mortgage is just that: it never changes. A fixed rate VA loan is…