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Conditions 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 helps vets with service-connected disability to live in an environment that is free of barriers. This grants them a considerable level of independence. The grant is available for several uses including construction of a home that is adapted on a property that is to be acquired.

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.

A veteran may apply for a grant to remodel a house and make it suitable based on his condition. The amount in this case is substantially small but still qualifies for full consideration. The grant may also be applied against an unpaid principle if the home was purchased without the consideration of VA disability benefits. This will substantially reduce the amount to be paid over the remaining period of time.

Special Housing Adaptation grant enables home owners to purchase or adapt houses even in cases where they are not the veterans. It is designed to accommodate family members housing disabled Vets. The home owner should show the veteran is a family member who will be housed in the home targeted for purchase. This category allows the buyer to consider a home that is already modified.

SHA and SAH grants can be accessed by veterans with total service connected disability or permanent disability. If the condition is permanent, one may apply for either grant. A distinction exists where the SAH scheme is designed for Vets while the SHA plan accommodates family members housing the vets.

The disabilities that qualify for the grant are loss of or lost use of both arms and legs as well as blindness on both eyes and the loss of or loss of use of one leg. A vet who has lost or lost the use of the lower leg accompanied by residuals of organic disease or injury qualifies for 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.

Individuals who were affected in the September 11 attack on Twin Towers have been incorporated into the program. The eligible victims must have sustained burns that were so severe that they affected respiratory functions to an irreversible level. Every veteran has a dollar limit on the loan as well as three opportunities to get a grant under the program. That means that the opportunity should be used sparingly.




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