Show TIlE JAS QUESTION BOX Q Q There are several veterans veteran in a dub club we have here and ther there has baa been considerable talk about a rumor that the govern govern- m nt rm pay premiums on na- na national service life insurance policieS Am writing you to It If this is a fact or not A A Yes it is a fact Veterans administration says that it will pay policies dividends on all pol- pol as aa Eon soon as it completes the tion work of ing computing the amount due to each vet vet- veteran veteran eran holding a policy It Is pos pos- post possible sible also that premiums may be 1 paid on term t insurance and on lapsed policies for the time they were in force This Is a tremendous dous doUl job ob wor VA to complete for at one time or another ap- ap tely men and women the services hold policies Q Another buddy and myself eb ha have made the rounds d of ii all the banks in our town and it seems they not only dont don't want to tomake tomake make GI loans loana for us to buy a ahome ahome home but are requiring us to tomake make a down payment on the home Is it true that the law re- re requires requires quires us to make this dow down payment A No the GI law does not require re re- quire a down payment for the purchase of a home or a farm As Aa a matter of tact fact the intent of the law is to giVe the veteran percent financing cing in the purchase chase of a home Whenever such sucha a regulation is put into effect it is done by the private lender and not by the government Vet Vet- Veterans erans administration is urging lenders not to make down pay pay- payment ment a condition for the pur- pur purchase purchase chase of a home Q J I am a veteran with an honorable discharge and have been n trying to buy Y a home under Jorl der nth the th GI f 1 law I tried all our l lenders and didn't have much luck Then I went to th the federal housing administration They agreed to insure a mortgage for 80 percent of the purchase price or the appraIsed value Now what I would like Uke to know is if I can get to rut put up 80 per per- percent percent cent can I get a G GI loan to cover the balance of the loan A Insofar as veterans admin admin- administration administration is concerned the an- an answer answer is yes because they will guarantee a secondary mortgage It for the balance of the loan just so long as the secondary loan does not exceed 20 percent of the purchase prise pr ce Q I would appreciate any In In- Information formation you could give me about my brother We last heard from him in Sept 1945 He was in England then and wrote that he had re enlisted We wrote but ut never received an answer 11 serial number was tin n his address was Born Squadron Bomb Group APO New York A The department of the army says that the last available address they have of your broth broth- brother er was the address you have given Suggest that you write to the commanding officer or the chaplain of your brothers brother's outfit for word him |