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got a va loan 2 years ago but my husband is facing dishonorable dicharge, what is going to happen?

is there a possibility we could lose the house? will we need to refi into something else? by kr.gina786241 from Grandview, Washington. Jan 29th 2015 Reply


Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#2 ranked lender in New York - 2,237 contributions

Absolutely not! As long as you continue to pay your mortgage nothing will change. furthermore, depending on whether he is enlisted or national guard and depending on how many tours he has done, he may still be eligible in the future as well.

Jan 29th 2015
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Derick Condron (rightstartoregon)
#33 ranked lender in Oregon - 597 contributions

No, it will only effect any of your future ventures with the VA.

Jan 29th 2015
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Dave Metsker (DaveMetsker)
#38 ranked lender in Oregon - 2,317 contributions

Don't worry-once you are in, you are in. Just keep on making the payments. If you can't make the payments, call me at 503-620-2239, for more information.

Jan 29th 2015
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,055 contributions

No.. your fine.. once the loan is issued, then they cannot call it due because his benefits have been revoked.. but understand that he will not be able to use VA for any future homes if he has a dishonorable discharge and his VA benefits revoked.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 29th 2015
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Linda Wintersteen (Linda123)
#64 ranked lender in Arizona - 1,252 contributions

No, you are ok.. I work with a lot of vets, and I am fundraiser for a transcaational housing project for when the service men and women, get out of the service, they have a place to live for free, go back to school, readjust into main life again. if you have the equity , and the credit , and needed to refi, I would suggest a conventional , not a VA , there might be situations, going back to a va loan, but you will be fine the way you are ... linda yourloanpartnerforlife@live.com

Jan 29th 2015
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Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,109 contributions

You will not lose your house because of this. Just make sure you continue to make your payments on time and you will be good to go. Best wishes, Sean

Feb 1st 2015
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