source:
  type: regulation
  id: va-38usc-3702
  authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702 — Basic entitlement
  description: 'VA Home Loan Guaranty (38 U.S.C. ch. 37), §3702 Basic entitlement. Captured section-complete from
    Cornell LII (verbatim).

    '
obligations:
- id: va-38usc-3702-a
  canonical_id: va-38usc-3702-a
  section: 38 U.S.C. §3702(a)
  description: 'Basic entitlement — (a): (a) (1) The veterans described in paragraph (2) of this subsection are
    eligible for the housing loan benefits of this chapter. In the case of any veteran who served on active duty
    during two or more of the periods specified in paragraph (2) for which eligibility for the housing loan benefits
    under t…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3702
    snapshot_id: 49234092f6ec90a4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:1830e05789d040363db6d83c621a0c93e15920a0fe48640721bedf5236bd1fc0
    paragraph_quote: (a) (1) The veterans described in paragraph (2) of this subsection are eligible for the housing
      loan benefits of this chapter. In the case of any veteran who served on active duty during two or more of
      the periods specified in paragraph (2) for which eligibility for the housing loan benefits under this chapter
      may be granted, entitlement derived from service during the most recent such period (A) shall cancel any unused
      entitlement derived from service during any earlier such period, and (B) shall be reduced by the amount by
      which entitlement from service during any earlier such period has been used to obtain a direct, guaranteed,
      or insured housing loan—
    drafter_attestation: Verbatim slice of 38 U.S.C. §3702 subsection (a) from Cornell LII snapshot 49234092f6ec90a4;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3702-i
  canonical_id: va-38usc-3702-i
  section: 38 U.S.C. §3702(i)
  description: 'Basic entitlement — (i): (i) on real property which the veteran owns at the time of application;
    or (ii) as to which the Secretary has incurred actual liability or loss, unless in the event of loss or the
    incurrence and payment of such liability by the Secretary the resulting indebtedness of the veteran to the United
    States…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3702
    snapshot_id: 49234092f6ec90a4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:1830e05789d040363db6d83c621a0c93e15920a0fe48640721bedf5236bd1fc0
    paragraph_quote: '(i) on real property which the veteran owns at the time of application; or (ii) as to which
      the Secretary has incurred actual liability or loss, unless in the event of loss or the incurrence and payment
      of such liability by the Secretary the resulting indebtedness of the veteran to the United States has been
      paid in full. (2) The veterans referred to in the first sentence of paragraph (1) of this subsection are the
      following: (A) Each veteran who served on active duty at any time during World War II , the Korean conflict,
      or the Vietnam era and whose total service was for 90 days or more. (B) Each veteran who after September 15,
      1940 , was discharged or released from a period of active duty for a service-connected disability. (C) Each
      veteran , other than a veteran described in clause (A) or (B) of this paragraph, who—'
    drafter_attestation: Verbatim slice of 38 U.S.C. §3702 subsection (i) from Cornell LII snapshot 49234092f6ec90a4;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3702-i
  canonical_id: va-38usc-3702-i
  section: 38 U.S.C. §3702(i)
  description: 'Basic entitlement — (i): (i) served after July 25, 1947 , for a period of more than 180 days and
    was discharged or released therefrom under conditions other than dishonorable; or (ii) has served more than
    180 days in active duty status and continues on active duty without a break therein. (D) Each veteran who served
    on acti…'
  type: dont
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3702
    snapshot_id: 49234092f6ec90a4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:1830e05789d040363db6d83c621a0c93e15920a0fe48640721bedf5236bd1fc0
    paragraph_quote: (i) served after July 25, 1947 , for a period of more than 180 days and was discharged or released
      therefrom under conditions other than dishonorable; or (ii) has served more than 180 days in active duty status
      and continues on active duty without a break therein. (D) Each veteran who served on active duty for 90 days
      or more at any time during the Persian Gulf War, other than a veteran ineligible for benefits under this title
      by reason of section 5303A(b) of this title . (E) Each veteran described in section 3701(b)(5) of this title
      . (F) Each veteran who was discharged or released from a period of active duty of 90 days or more by reason
      of a sole survivorship discharge (as that term is defined in section 1174(i) of title 10 ). (G) Each individual
      described in section 3701(b)(7) of this title . (3) Any unused entitlement of World War II or Korean conflict
      veterans which expired under provisions of law in effect before October 23, 1970 , is hereby restored and
      shall not expire until used. (4) A veteran ’s entitlement under this chapter shall not be reduced by any entitlement
      used by the veteran ’s spouse which was based upon the provisions of paragraph (3) of section 3701(b) of this
      title .
    drafter_attestation: Verbatim slice of 38 U.S.C. §3702 subsection (i) from Cornell LII snapshot 49234092f6ec90a4;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3702-b
  canonical_id: va-38usc-3702-b
  section: 38 U.S.C. §3702(b)
  description: 'Basic entitlement — (b): (b) In computing the aggregate amount of guaranty or insurance housing
    loan entitlement available to a veteran under this chapter, the Secretary may exclude the amount of guaranty
    or insurance housing loan entitlement used for any guaranteed, insured, or direct loan under the following circumstances…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3702
    snapshot_id: 49234092f6ec90a4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:1830e05789d040363db6d83c621a0c93e15920a0fe48640721bedf5236bd1fc0
    paragraph_quote: '(b) In computing the aggregate amount of guaranty or insurance housing loan entitlement available
      to a veteran under this chapter, the Secretary may exclude the amount of guaranty or insurance housing loan
      entitlement used for any guaranteed, insured, or direct loan under the following circumstances: (1) (A) The
      property which secured the loan has been disposed of by the veteran or has been destroyed by fire or other
      natural hazard; and (B) the loan has been repaid in full, or the Secretary has been released from liability
      as to the loan, or if the Secretary has suffered a loss on such loan, the loss has been paid in full. (2)
      A veteran -transferee has agreed to assume the outstanding balance on the loan and consented to the use of
      the veteran -transferee’s entitlement, to the extent that the entitlement of the veteran -transferor had been
      used originally, in place of the veteran -transferor’s for the guaranteed, insured, or direct loan, and the
      veteran -transferee otherwise meets the requirements of this chapter. (3) (A) The loan has been repaid in
      full; and (B) the loan for which the veteran seeks to use entitlement under this chapter is secured by the
      same property which secured the loan referred to in subparagraph (A) of this paragraph. (4) In a case not
      covered by paragraph (1) or (2)— (A) the loan has been repaid in full and, if the Secretary has suffered a
      loss on the loan, the loss has been paid in full; or (B) the Secretary has been released from liability as
      to the loan and, if the Secretary has suffered a loss on the loan, the loss has been paid in full. The Secretary
      may, in any case involving circumstances the Secretary deems appropriate, waive one or more of the conditions
      prescribed in paragraph (1). The authority of the Secretary under this subsection to exclude an amount of
      guaranty or insurance housing loan entitlement previously used by a veteran may be exercised only once for
      that veteran under the authority of paragraph (4).'
    drafter_attestation: Verbatim slice of 38 U.S.C. §3702 subsection (b) from Cornell LII snapshot 49234092f6ec90a4;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3702-c
  canonical_id: va-38usc-3702-c
  section: 38 U.S.C. §3702(c)
  description: 'Basic entitlement — (c): (c) An honorable discharge shall be deemed to be a certificate of eligibility
    to apply for a guaranteed loan. Any veteran who does not have a discharge certificate, or who received a discharge
    other than honorable, may apply to the Secretary for a certificate of eligibility. Upon making a loan guara…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3702
    snapshot_id: 49234092f6ec90a4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:1830e05789d040363db6d83c621a0c93e15920a0fe48640721bedf5236bd1fc0
    paragraph_quote: (c) An honorable discharge shall be deemed to be a certificate of eligibility to apply for
      a guaranteed loan. Any veteran who does not have a discharge certificate, or who received a discharge other
      than honorable, may apply to the Secretary for a certificate of eligibility. Upon making a loan guaranteed
      or insured under this chapter, the lender shall forthwith transmit to the Secretary a report thereon in such
      detail as the Secretary may, from time to time, prescribe. Where the loan is guaranteed, the Secretary shall
      provide the lender with a loan guaranty certificate or other evidence of the guaranty. The Secretary shall
      also endorse on the veteran ’s discharge, or eligibility certificate, the amount and type of guaranty used,
      and the amount, if any, remaining. Nothing in this chapter shall preclude the assignment of any guaranteed
      loan or the security therefor.
    drafter_attestation: Verbatim slice of 38 U.S.C. §3702 subsection (c) from Cornell LII snapshot 49234092f6ec90a4;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3702-d
  canonical_id: va-38usc-3702-d
  section: 38 U.S.C. §3702(d)
  description: 'Basic entitlement — (d): (d) Housing loans will be automatically guaranteed under this chapter only
    if made (1) by any Federal land bank, national bank, State bank, private bank, building and loan association,
    insurance company, credit union, or mortgage and loan company, that is subject to examination and supervision
    by an…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3702
    snapshot_id: 49234092f6ec90a4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:1830e05789d040363db6d83c621a0c93e15920a0fe48640721bedf5236bd1fc0
    paragraph_quote: (d) Housing loans will be automatically guaranteed under this chapter only if made (1) by any
      Federal land bank, national bank, State bank, private bank, building and loan association, insurance company,
      credit union, or mortgage and loan company, that is subject to examination and supervision by an agency of
      the United States or of any State, or (2) by any State, or (3) by any lender approved by the Secretary pursuant
      to standards established by the Secretary. Any housing loan proposed to be made to a veteran pursuant to this
      chapter by any lender not of a class specified in the preceding sentence may be guaranteed by the Secretary
      if the Secretary finds that it is in accord otherwise with the provisions of this chapter.
    drafter_attestation: Verbatim slice of 38 U.S.C. §3702 subsection (d) from Cornell LII snapshot 49234092f6ec90a4;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3702-e
  canonical_id: va-38usc-3702-e
  section: 38 U.S.C. §3702(e)
  description: 'Basic entitlement — (e): (e) The Secretary may at any time upon thirty days’ notice require housing
    loans to be made by any lender or class of lenders to be submitted to the Secretary for prior approval. No guaranty
    or insurance liability shall exist with respect to any such loan unless evidence of guaranty or insurance is
    …'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3702
    snapshot_id: 49234092f6ec90a4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:1830e05789d040363db6d83c621a0c93e15920a0fe48640721bedf5236bd1fc0
    paragraph_quote: (e) The Secretary may at any time upon thirty days’ notice require housing loans to be made
      by any lender or class of lenders to be submitted to the Secretary for prior approval. No guaranty or insurance
      liability shall exist with respect to any such loan unless evidence of guaranty or insurance is issued by
      the Secretary.
    drafter_attestation: Verbatim slice of 38 U.S.C. §3702 subsection (e) from Cornell LII snapshot 49234092f6ec90a4;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
- id: va-38usc-3702-f
  canonical_id: va-38usc-3702-f
  section: 38 U.S.C. §3702(f)
  description: 'Basic entitlement — (f): (f) Any housing loan at least 20 percent of which is guaranteed under this
    chapter may be made by any national bank or Federal savings and loan association, or by any bank, trust company,
    building and loan association, or insurance company, organized or authorized to do business in the District
    of C…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  - usc-statute
  primary_source:
    tier: 1
    authority: VA Home Loan Guaranty (38 U.S.C. ch. 37) § 3702
    source_class: usc-statute-lii
    source_url: https://www.law.cornell.edu/uscode/text/38/3702
    snapshot_id: 49234092f6ec90a4
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:1830e05789d040363db6d83c621a0c93e15920a0fe48640721bedf5236bd1fc0
    paragraph_quote: (f) Any housing loan at least 20 percent of which is guaranteed under this chapter may be made
      by any national bank or Federal savings and loan association, or by any bank, trust company, building and
      loan association, or insurance company, organized or authorized to do business in the District of Columbia.
      Any such loan may be so made without regard to the limitations and restrictions of any other law relating
      to— (1) ratio of amount of loan to the value of the property; (2) maturity of loan; (3) requirement for mortgage
      or other security; (4) dignity of lien; or (5) percentage of assets which may be invested in real estate loans.
      ( Pub. L. 85–857 , Sept. 2, 1958 , 72 Stat. 1203 , § 1802; Pub. L. 86–73, § 1 , June 30, 1959 , 73 Stat. 156
      ; Pub. L. 87–84, § 1(b) , July 6, 1961 , 75 Stat. 201 ; Pub. L. 90–19, § 25(1) , May 25, 1967 , 81 Stat. 28
      ; Pub. L. 90–77, title IV, § 403(a) , Aug. 31, 1967 , 81 Stat. 190 ; Pub. L. 91–506, § 2(a) , Oct. 23, 1970
      , 84 Stat. 1108 ; Pub. L. 91–584, § 5(b) , Dec. 24, 1970 , 84 Stat. 1576 ; Pub. L. 93–569, § 2(a) , (b), Dec.
      31, 1974 , 88 Stat. 1863 ; Pub. L. 94–324, § 7(3) –(5), June 30, 1976 , 90 Stat. 721 ; Pub. L. 95–476, title
      I, § 102 , Oct. 18, 1978 , 92 Stat. 1497 ; Pub. L. 97–72, title III, § 303(b) , Nov. 3, 1981 , 95 Stat. 1060
      ; Pub. L. 97–295, § 4(61) , Oct. 12, 1982 , 96 Stat. 1309 ; Pub. L. 98–223, title II, § 204 , Mar. 2, 1984
      , 98 Stat. 42 ; Pub. L. 100–322, title IV, § 415(a)(1) , (2), May 20, 1988 , 102 Stat. 549 , 550; Pub. L.
      101–237, title III , §§ 310, 313(b)(1), Dec. 18, 1989 , 103 Stat. 2075 , 2077; Pub. L. 102–25, title III,
      § 341 , Apr. 6, 1991 , 105 Stat. 92 ; Pub. L. 102–40, title IV, § 402(d)(1) , May 7, 1991 , 105 Stat. 239
      ; renumbered § 3702 and amended Pub. L. 102–83, § 5(a) , (c)(1), Aug. 6, 1991 , 105 Stat. 406 ; Pub. L. 102–547,
      § 2(a)(2) , Oct. 28, 1992 , 106 Stat. 3633 ; Pub. L. 103–446, title IX, § 902 , title XII, § 1201(f)(4), Nov.
      2, 1994 , 108 Stat. 4676 , 4687; Pub. L. 105–368, title VI, § 603(a) , Nov. 11, 1998 , 112 Stat. 3348 ; Pub.
      L. 106–117, title VII, § 711 , Nov. 30, 1999 , 113 Stat. 1584 ; Pub. L. 107–103, title IV, § 405(a) , Dec.
      27, 2001 , 115 Stat. 993 ; Pub. L. 108–183, title IV, § 403 , Dec. 16, 2003 , 117 Stat. 2664 ; Pub. L. 110–317,
      § 6(a) , Aug. 29, 2008 , 122 Stat. 3528 ; Pub. L. 116–315, title II, § 2101(b) , Jan. 5, 2021 , 134 Stat.
      4981 .)
    drafter_attestation: Verbatim slice of 38 U.S.C. §3702 subsection (f) from Cornell LII snapshot 49234092f6ec90a4;
      body isolated between nav and Editorial/Statutory Notes; substring-verified.
  judgment: false
