California Code of Regulations
Title 12 - Military and Veterans Affairs
Division 2 - Department of Veterans Affairs
Chapter 2 - Veterans' Farm and Home Purchases
Subchapter 1 - Eligibility and Qualifications
Section 300.6 - Active Duty Personnel
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) Any person who is presently on active duty and who is in all other respects a veteran, as defined in Section 980 of the Military and Veterans Code, is eligible for a Cal-Vet loan benefit. It is not necessary for the veteran to have been discharged or released from active duty in order to qualify for a Cal-Vet loan.
(b) The Division shall accept loan applications from eligible active duty veterans when they can reasonably demonstrate that they or members of their immediate family, as set forth in Section 987.60 of the Military and Veterans Code, will be able to occupy the home. Occupancy is a statutory requirement, and the Division shall advise the applicant concerning the conditions of the occupancy waiver pursuant to Sections 987.62 and 987.63 of the Military and Veterans Code.
1. New section filed 12-9-91; operative 1-8-92 (Register 92, No. 9).
Note: Authority cited: Section 700, Military and Veterans Code. Reference: Sections 980, 987.52(b), 987.60, 987.62 and 987.63, Military and Veterans Code.
