Next, you must meet the requirement for your service term. Depending on whether you were active duty during wartime or peacetime, you must have served a minimum number of days in order to be eligible.

The exact amount of days is also contingent upon the era during which you performed your service.

To give you a general idea, the minimum required active duty wartime service during most eras is 90 days. The minimum required active duty peacetime service during most eras is 181 days.

During your consultation, we can look up the relevant requirement which applies to the time period during which you served.

What if this is not the first time you have used a VA loan? This will not stop you from taking out a new one. These benefits are yours to use time and again. They do not expire, and there are no restrictions on how many times you can claim them.

Additionally, if you’re concerned that a bankruptcy or foreclosure in your financial history could stand in your way, you will be relieved to know that these also will not prevent you from qualifying for a VA loan now.