Funding Fees For Va Refinances
If you currently have a VA loan, you can save money with an interest rate reduction refinance loan and only have to pay a 0.50% funding fee.
Youll save a bundle if youre eligible for the exemption on a regular VA refinance or a VA cash-out refinance: The funding fee costs up to 2.30% of your new loan amount if youre using your VA benefits for the first time, up to 3.60% if youve used your VA mortgage benefits to purchase or refinance a home before.
Home And Land Loan Programs
The Texas Veterans Land Board provides low-interest loans to Veterans and Military Members in Texas.
- Land Loans: The VLB gives Texas Veterans and Military Members the opportunity to borrow money to purchase land at favorable interest rates and terms while only requiring a minimum 5% down payment.
- Home Loans: In 1983, the Legislature created the VLB Veterans Housing Assistance Program to assist Texas Veterans and Military Members in purchasing a home. Through this program, eligible Texas Veterans and Military Members have an opportunity to purchase a home with an unbeatable, low-interest loan.
- Home Improvement Loans: As part of its commitment to Veterans, the VLB can help a Veteran or Military Member buy a home, then help pay to improve it through the Texas Veterans Home Improvement Program . This program was introduced in 1986 to provide below-market interest rate loans to qualified Texas Veterans and Military Members for home repairs and improvements to their existing homes.
- SCRA Assistance: Reservists and National Guard troops with a VLB Land, Home or Home Improvement Loan may be able to defer interest payments when called up for active duty, thanks to the Servicemembers Civil Relief Act .
What Is The Va Automobile Allowance
The Automobile Adaptive Allowance is a benefit provided by the VA to veterans who cannot drive due to a service-connected disability. In addition to the allowance, the VA offers an adaptive equipment benefit to help veterans with specific impairments.
Automobile Allowance can even help you buy a new car, and Automobile Adaptive Equipment can assist you in improving the vehicle you already have. If you have an existing vehicle and want to upgrade it to be more accessible, you should talk to the VA first.
Worried about qualifying? Heres how to get a veteran auto loan with bad credit.
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Veterans Designation On Iowa Drivers Licenses And Ids
Honorably discharged veterans may request the Veteran designation be placed on their drivers license or non-operator identification card. Veteran must present a copy of their DD214 or applicable discharge document to the Iowa DOT. The veteran must then complete an Iowa DOT Application form. Note: Veterans may request the veteran designation anytime they seek a new card, not just at the time of renewal. The cost for a duplicate DL or nonoperator ID is $10.00.Apply:Veteran License Application
Have Questions About Automobile Allowance And Adaptive Equipment
If youre a qualifying disabled veteran, and the VA denied your application for automobile allowance and adaptive equipment, the team at Hill & Ponton are here to help. Our attorneys support eligible veterans and their family members in their pursuit of VA benefits. Contact us today for a free case evaluation.
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Can You Purchase A Used Car With These Va Benefits
Yes. Veterans and service members with specific disabilities may be eligible for a grant to help them buy a new or used car. These impairments must result from an accident or sickness sustained or aggravated while serving in the military. If you qualify for this grant, you may be eligible to receive it.
The VA provides the following services, which result in disabilities:
- Medical attention
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Federal Student Loan Forgiveness
As of 2018 to 2025-Veterans with P& T disability rating are eligible for student loan relief.Eligibility:
- You will need your FSA ID and Login information
- If you need help obtaining ID, contact the help team
- Once completed, submit to your Federal Loan Servicer
- You should receive a decision in about 1 Month.
- Watch your email for information from you Federal Loan Servicer
NOTE: The forgiven debt will not be treated as income.
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Housing Help For Older Veterans
Find programs to help older veterans with a wide range of housing needs. This includes in-home care, assisted living, and retirement homes for veterans.
- Get help finding housing and care in a variety of residential settings. This includes nursing homes, assisted living, and medical foster homes.
- If you need in-home care so you can remain at home, the VA may be able to help. Call the VA Health Care Benefits number at 1-877-222-8387. Or, contact the VA medical center nearest you.
Another option for some military retirees and other veterans is the Armed Forces Retirement Home . The AFRH has two locations: Washington, DC, and Gulfport, MS. Both offer recreation and wellness services including assisted living and skilled care.
Who Can Get A Va Funding Fee Exemption
The VA funding fee exemption applies to eligible military service members, veterans or surviving spouses that have a VA-approved disability related to their military service. Considering VA funding fees range from 0.50% to 3.60% of the loan amount the exemption could save borrowers $1,500 to $10,800 in VA closing costs on a $300,000 mortgage.
According to VA lending guidelines, you may be exempt from the VA funding fee if:
- You receive VA disability compensation for a disability related to your military service
- Youre eligible to receive disability income for a service-related disability, but instead receive retirement or active-duty pay
- Youve received a proposed or memorandum rating dated before your loan closing that states your service entitles you to receive compensation
- Youre an active-duty service member who has received the Purple Heart
- Youre the surviving spouse of a veteran who died while on duty or because of a service-related illness or disability
Online resources are available to help you determine your eligibility for VA disability benefits. The VA makes the final decision based on your disability claim.
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How To Apply For The Automobile And/or Special Adaptive Equipment Grant
You can apply for the automobile and/or the special adaptive equipment grant by completing VA Form 21-4502, Application for Automobile or Other Conveyance and Adaptive Equipment and submitting it to the local VA regional office. The instructions on the VA Form 21-4502 contain a list of adaptive equipment that has been pre-approved for particular disabilities.
If you are entitled to adaptive equipment only, you should complete VA Form 10-1394, Application for Adaptive Equipment — Motor Vehicle and submit it to your local VA medical center.
The Sah Escape Clause
Applying for other financial help, hiring architects or purchasing architectural plans, and other costs of doing business with a home adaptation project carries a degree of risk.
An SAH Grant applicant may be counting on that grant money to move forward with the projectwhat happens to the applicant who makes arrangements for the adaptations but winds up missing out on an SAH Grant?
The VA official site says all contracts between veterans and builders for SAH grant purposes should contain an escape clause which reads something to the effect of the following:
This contract is conditioned entirely on the veteran receiving a grant under Title 38 U.S.C. Chapter 21 if the veteran does not receive this grant this contract is null and void and any/all monies will be returned without exception.
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Specially Adapted Housing Grant
Servicemembers and veterans having certain disabilities related to military services have an entitlement to this grant so that they may construct homes with facilities meeting their needs. Currently, the grant has a limitation of $63,780.
SAH entitles servicemembers and veterans having total and permanent disabilities as a result of:
- Loss or damage to both of the lower extremities like precluding locomotion without having the aid of crutches, braces, wheelchair or canes.
- Blind with both eyes with light perception only in addition to the usability of a lower extremity.
- Loss or damage to a lower extremity along with organic injury/disease residuals or loss or damage to an upper extremity affecting propulsion/balance functions for precluding locomotion without having the aid of wheelchair, braces, canes or crutches.
- Loss or damage to two upper extremities that preclude the arms use or are above the elbow.
- A severe injury caused by a burn
Details on SAH grant may be viewed at www.benefits.va.gov/homeloans/docs/p
How To Apply For An Automotive Allowance And Adaptive Equipment Grant: Va Form 21
To apply for an automotive allowance or an adaptive equipment grant, the veteran or service member must have been awarded service connectionbefore buying the vehicle or installing adaptive equipment. Servicemembers may apply for these grants before military discharge, or after.
When filing for a grant for either an automotive allowance or an adaptive equipment allowance, veterans will need to indicate that they are service-connected for one of the approved conditions.
To apply for automobile allowance for a specially equipped vehicle, service members or veterans will need to fill out VA Form 21-4502, or Application for Automobile or Other Conveyance and Adaptive Equipment. If the grant is awarded, VA will pay the vehicles seller directly.
To apply for the adaptive equipment grant, servicemembers will need to fill out VA Form 10-1394, or Application for Adaptive Equipment-Motor Vehicle. For this grant, VA will either pay the veteran or service member or may pay the equipment seller directly.
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How To Qualify For The Va Adaptive Equipment Grant
- To qualify for adaptive equipment, you must also meet the disability requirements as stated for automobile allowances.
- Ankylosis acquired or aggravated during active duty is also covered.
- The VA does not consider your service length in determining your eligibility. You may be eligible for adaptive equipment while still on active duty.
Course Credit For Military Service
An institution of higher education will award to an undergraduate student course credit for all physical education courses required by the institution for an undergraduate degree and for additional semester credit hours that can be applied to satisfy any elective course requirements for the student’s degree program for courses outside the student’s major or minor if the student:
- graduated from a public or private high school accredited by a generally recognized accrediting organization or from a high school operated by the United States Department of Defense and
- is an honorably discharged former member of the armed forces of the United States who:
- completed at least two years of service in the armed forces or
- was discharged because of a disability.
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What Is The Adaptive Equipment Grant
Any veteran or service member who qualifies for the vehicle allowance is entitled to adaptive equipment unless they are blind, require a driver, or dont have a valid State license or permit.
The veteran or service member may receive adaptive equipment benefits more than once, and they can go either to the seller or to themselves.
Note: VA will not pay for the purchase of non-VA-approved add-on adaptable equipment . For further information on add-on equipment, contact the nearest VA health care center.
There are many types of adaptive equipment, including, but not limited to:
- Power steering
Before buying any equipment, contact the Prosthetic Department at your local VA Medical Center. Interested veterans can also request special driving training from the nearest VA health care facility.
How To Complete A Va Funding Fee Exemption Form
To determine your eligibility for the VA funding fee exemption, your lender completes Form 26-8937 to confirm any disability payments you receive. You may need to provide your VA claim folder number or your service number . Youll then certify that youre receiving those benefits, and the form is sent to the VA for verification.
In many cases, your funding fee status will be reflected at the top of your certificate of eligibility . Your lender will automatically remove the funding fee from your VA loan costs upon receiving a COE with a funding fee exempt status.
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Lifetime Hunting And Fishing License
Veterans in receipt of at least a 0% service connected disability can receive a lifetime hunting or fishing license for a $7.00 fee. In order to qualify, the Iowa resident must have served on active federal service and was disabled as a result of that service. Apply:Hunting and Fishing License Application
When To Expect To Hear Back:
According to the VA website, it currently takes them about 131.5 days to make a decision. The length of time typically depends on the type of claim you filed, how many injuries or disabilities you claimed, how complex your injuries are, and how long it takes them to collect the evidence needed to properly evaluate your claim.
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Life Insurance Policy 800
You may be eligible for a low-cost life insurance policy if you meet all the requirements listed below.Eligibility: All of these must be true. You:
- Were released from active duty on or after April 25, 1951, and did not receive a dishonorable discharge, and
- Were rated for a service-connected disability , and
- Are in good health except for any service-connected conditions, and
- Apply within 2 years from the date we grant your new service-connected disability
Note: An increase of a rating you had beforeor a rating of Individual Unemployability, meaning you cannot workdoes not qualify you for S-DVI.You can receive:
Special Home Adaptation Grant
Up to max sum of $12,756 may be approved by VA to pay for the required modifications for a veteran or a serviceman to buy or construct a house with features facilitating disabilities. To fall under the eligibility criteria, the serviceman or veteran must have an entitlement to compensation for total and permanent disability as a result of:
- Both eyes blindness along with a visual acuity of 5/200 or lower
- Anatomical loss or damage to usage of both hands
- Severe injuries caused by burning
A veteran may apply for SHA and SAH grant programs by submitting the completed VA Form 26-4555 to the local regional office of the VA. More info may be accessed by visiting www.benefits.va.gov/homeloans/docs/p
Home Improvement and Structural Alterations grant
The HISA program provides help to disabled veterans for the establishment of the necessary infrastructure in their homes to continue the treatment or meet other requirements. HISA grants are meant for veterans having a medical determination that indicates that alterations in infrastructure are required for the treatment of the disability of the veterans. A servicemember may be eligible for receiving both the HISA grant and one of the SAH or SHA grants as well.
The HISA program covers both types of veterans either connected to the service or not.
$2,000 may be given to the rest of the servicemen who have registration of the health care system by the VA.
Temporary Residence Adaptation grants
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Veterans County Service Offices
All counties with a population of 200,000 or more have a veterans county service office that is:
- staffed by at least one full-time employee and
- report directly to the commissioners court.
In a county with a population of less than 200,000, the commissioners court may maintain and operate a veterans county service office if the commissioners court determines that the office is a public necessity to enable county residents who are veterans to promptly, properly, and rightfully obtain benefits to which they are entitled.
Find a list of veteran service offices.
Other Types Of Help If Youre Homeless
Visit Benefits.gov to find out if youre eligible and how to apply for other types of help. This may include financial assistance, transportation, food, counseling, and more.
If you dont have medical insurance, you can use HRSA health centers. They give checkups, treatment when youre sick, pregnancy care, and immunizations for your children.
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Disabled Hoosier Veteran License Plates
If you are applying forDisabled Hoosier Veteran License Plateswe need to see the disability award letter that has the breakdown of individual ratings for your disability. IDVA needs to verify the disability is a mobility issue for the eligibility determination for the Disabled Hoosier Veteran License plate as per IC 9-18.5-5-1. The Veteran must be 50% service connected disabled by the United States Department of Veterans Affairs with at least 60% of that disability attributed to a mobility disability, OR the service connected disability precludes the Veteran from walking without pain or difficulty. If it is unclear that your service connected disability is causing you pain or difficulty while walking we may require a letter to be signed by your doctor.
Per Senate Enrolled Act No. 262 effective July 1, 2018, a person who has been issued or is otherwise eligible for the Disabled Hoosier Veteran License plate can obtain a Permanent DHV parking placard from the Indiana Bureau of Motor Vehicles. This parking placard does afford the same no fee at legal metered spaces parking privileges as the Disabled Hoosier Veteran License Plate. Reference IC 9-18.5-8-4.
* Note: Veterans can obtain a plate or a placard for each registered vehicle they own.
Automobile Allowance And Adaptive Equipment
Link to more information and application:
The VA may provide a one-time payment of not more than $21,488.29 to help you buy a specially equipped vehicle.
In some situations, one or more adaptive-equipment grants to change a vehicle so it has features like power steering, brakes, seats, windows, or lift equipment to help you get into and out of the vehicle
You must already be service-connected for these conditions before purchasing a vehicle to receive the payment.
The VA may grant the money directly to the veteran OR they may pay the equipment seller directly.
Eligibility:
- Loss, or permanent loss of use, of 1 or both feet, or
- Loss, or permanent loss of use, of 1 or both hands, or
- Permanent decreased vision in both eyes: 20/200 vision or less in your better eye with glasses, or greater than 20/200 vision but with a visual field defect that has reduced your peripheral vision to 20 degrees or less in your better eye, or
- A severe burn injury, or
- Amyotrophic lateral sclerosis , or
- Ankylosis in 1 or both knees or hips
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