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Show VETERANS here's your answers Q -1 bought a house in 1954 with a maximum loan guaranty of $7,500 from the Veterans Administration. Since the Veterans 'Housing Act of 1974 increased the loan guaranty from $12,500 to $17,500 am I eligible for more entitlement? A - Yes. You would be eligible for the $17,500 guaranty if you sold your home and paid the GI loan in full. Q - I'm a veteran drawing compensation from the Veterans Administration for a 30 percent service-connected disability. I'll be 65 and retired soon, and wonder if I can waive compensation and switch to pension? A - Yes, if you apply to VA and it is to your advantage. The agency will determine this based on information you provide, and pay you the higher benefit. Q - My husband has just retired after 20 vears in militarv service. Am I eligible for CHAMPVA, the Veterans Administration health care program? A - No, but military retireees and their dependents are eligible for a similar program of health care, CHAMPUS. Suggest you have your husband check with military sources for details. |