Eligibility For Disabled Veterans Loans Exemption

By Leslie Ball


The law provides favorable loan conditions for veterans with permanent or service connected disability. The disabled veterans loans seek to make it easier for them to buy houses or make modifications to accommodate their disability. The money may be used to buy, build or modify a home to ensure the comfort of a veteran with disability.

The Specially Adapted Housing grant is aimed at assisting in elimination of barriers where the disabled veteran lives. It ensures that the persons with disabilities enjoy considerable independence in their living environment. The grant may be provided for construction of a house that will take to account the needs of a vet with disability.

SAH grant is available to be used in construction of a specially designed house on land belonging to the veteran. In such a case, the money is only used in constructing the adapted house considering that the veteran already owns the land. This leaves the owner with more money to construct a house of his own choice and specifications.

Grants are available for house remodeling to provide for a vet with disability. Remodeling is not as expensive as building or purchasing the house. This means that the amount is considerably small. A vet is allowed to apply for exemption against the balance of principle amount if the original calculation did not consider disability benefits. Such a move will mean that you pay a reduced balance figure.

A Special Housing Adaptation grant helps veterans in purchasing or adapting a home to their disability conditions. The home may belong to the veteran or a family member who is housing the vet. The VA grant can be used to offset payments on a home targeted by a family member or a veteran for purchase. The money is also available to purchase a house with existing modifications so as to accommodate the disabled person.

The basic requirements for SHA and SAH grant are permanent disability or total service connected disability. A veteran with a permanent condition is eligible in either of the cases. The way to distinguish the two schemes is that SAH is exclusively for veterans while SHA allows application by veteran host families.

The loss of both legs and arms or their functions qualifies an individual for the loan. A veteran suffering from total blindness and the loss of both legs is considered for the grant. Additionally, loosing the lower legs partially or totally and having residues of injuries or organic disease are conditions considered during exemption.

Vets who have lost both legs and arms are eligible for SAH grants. Loosing lower extremities which affects propulsion and balance or the presence of severe burns is a sufficient ground for consideration. If a person can use a wheelchair, cane, crutches or braces with the disability, the exemption does not apply.

The exemptions granted under the VA program has been extended to cover those affected by the terrorist attack on September 11th. Those who sustained a high degree of burns to the extent of having respiratory complication are covered. There is a dollar limit to the grant that is available to an individual with only three grant opportunities to a single Veteran.




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