b. Wartime and Peacetime

Wartime and peacetime refer to the following periods of service:

Wartime

Peacetime

World War II

9/16/40—7/25/47

Post World War II period

7/26/47—6/26/50

Korean conflict

6/27/50—1/31/55

Post Korean period

2/1/55—8/4/64

Vietnam Era

8/5/64—5/7/75

(The Vietnam Era begins 2/28/61 for those individuals who served in the Republic of Vietnam.)

Post Vietnam period

5/8/75—8/1/90

Persian Gulf War

8/2/90—date to be determined

c. Eligibility for Reserves and/or Guard

Members of the Reserves and National Guard who are not otherwise eligible for loan guaranty benefits are eligible upon completion of 6 years service in the Reserves or Guard.  The applicant must have received an Honorable discharge from such service unless he or she is either

58.                ·   in an inactive status awaiting final discharge, or

59.                ·   still serving in the Reserves or Guard.

60.                [ ]

d. Eligibility of Spouses of Veterans

Some spouses of veterans may have home loan eligibility.  They are

61.                ·   the unmarried surviving spouse of a veteran who died as a result of service or service-connected causes, and

62.                ·   the spouse of an active duty member who is listed as missing in action (MIA) or a prisoner of war (POW) for at least 90 days.  Eligibility under this MIA/POW provision is limited to one time use only.