A veteran must have been a Mississippi resident immediately prior to entering the Military Service or have resided in Mississippi for two (2) consecutive years immediately preceding the loan application.

The veteran must obtain a Certificate of Eligibility from the Department of Veterans Affairs.

The veteran must have been discharged from active duty service under conditions other than dishonorable.

Reserve and National Guard personnel who currently serve and have more than 6 years of service are eligible to apply for a loan.

Active duty military personnel are eligible to apply for a loan, two year residence required.

Reserve & National Guard Personnel who have been activated for extended active duty service under Title 10 US Code are eligible to apply.

An unmarried surviving spouse of the above described eligible veterans who died as a result of service or service-connected injuries may qualify for this program.