Hello, hope you are in good health. I need information about the mortgage life insurance for veterans.
Of course. The Veterans Mortgage Life Insurance, VMLI, offers mortgage protection insurance to the families of Veterans with severe service-connected disabilities who've adapted a home to fit their needs.
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That sounds great. How do I know if I qualify?
Do you have a severe disability that we've concluded was caused or made worse by your service?
Yes, I do.
Have you received a Specially Adapted Housing grant to buy, build, or make changes like installing ramps or widening doorways to a home so you can live more independently?
Yes, I recently installed a ramp at my porch with that money. Needed it for my wheelchair.
Do you have the title of the home?
Yes, it has been the home of our family for a generation already.
Do you have a mortgage on the home?
Yes. I plan to have it paid off before I pass away, so my son doesn't have to worry too much about that.
Are you under 70 years old?
No, I wish I was. I've turned 76 years old this April.
In that case I'm afraid that you can't get VMLI. Sorry.
