Can I give or transfer my VA Loan privilege to my dependent ?

Sgt Tammy Wallace The only dependent that could possibly use a VA Home Loan benefit would a be a surviving spouse. Please see link to eligibility info.

Sgt Tammy Wallace Here is the information that you need:

Who Can Use the VA Loan Benefit?
Here is a variation on a common question about VA home loans:

“My father is a disabled veteran. Even though I am no longer a dependent of his, am I eligible for a home loan myself?”

This question reveals one of the most common misconceptions about the VA home loan benefit. The questions also include variations on these questions--because a parent is or was eligible for the VA loan benefit, are the surviving dependent children? Are dependents eligible for the VA loan while the veteran parent is still living?

Unfortunately the answer is no on all counts. Dependent children of veterans cannot have the VA home loan benefit transferred to them. Some of the confusion may arise from the fact that other VA home loan benefits have become transferable to dependents, such as the GI Bill.

That does not mean that a married couple cannot apply for the VA loan benefit, however. Under the VA loan program a qualified veteran and legally married spouse may apply for the loan together with the veteran’s full VA loan entitlement available for the transaction.

This is due to the legal married relationship between the spouses and is the only situation where a veteran and non-veteran may apply together for a VA loan using the veteran’s full entitlement.

At the time of this writing there is no provision for a similar opportunity for a parent and dependent to apply together on a VA home loan using the veteran borrower’s full entitlement, or for the dependent to apply for a VA loan without the participation of the veteran using the veteran’s benefit.

Dependents are permitted to live in the home purchased by the veteran in the borrower’s place, if certain conditions are met, and still be in compliance with VA loan occupancy requirements. Talk to your loan officer about this contingency if you need to consider using it.

I do know that you can pass on your GI Bill funds or whatever to your kids but im not sure about VA loan thing. Find your self a VET CENTER and ask them, they should know for sure, they are good people there.