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Alive and Well Statement Sample Form
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People also ask
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What is the statement of service for active duty?
If you are still serving on regular active duty, you must include an original statement of service signed by, or by direction of, the adjutant, personnel officer, or commander of your unit or higher headquarters which identifies you and your social security number, and provides your date of entry on your current active ...
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What is a statement of service points statement?
Your military points statement is a record of retirement points earned while serving in the Reserves or National Guard. Points are awarded throughout your military career for different types of active duty service (such as mobilizations) and inactive duty service (such as distance learning coursework).
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What qualifies as a statement of service?
A statement of service for a VA loan is a letter verifying a military member's current or past employment in the military. The letter includes all the information a lender needs, including the dates of service, pay rate, and type of discharge, among other information.
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What is an alive and well statement for the military?
A lesser-known requirement is the VA Alive and Well Statement, which verifies that the veteran is alive and well at the time of loan closing. Although military families may be familiar with POAs, it's essential to discuss this process with the loan officer early on.
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How to obtain a statement of service letter?
To obtain a VA loan statement of service, the borrower can speak to their commanding officer or request a copy from the Defense Personnel Records Information Retrieval System.
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Can a house with a VA loan be put in a trust?
Can I put my VA mortgage into a living trust? With your lender's approval, you may place your VA mortgage into a revocable living trust while still making payments. This would automatically transfer the property to your successor trustee upon your death or incapacitation.
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How long does it take to get a statement of service?
Since the statement of service is typically provided by the commanding officer, there's no way to tell how long it will take for you to receive it. This is why many lenders choose to verify your employment with the military in other ways.
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What does a statement of service do?
It tells lenders everything they need to know about your military status and income. Without the VA statement of service, you wouldn't be able to close on a VA loan, and delayed receipt could hold up your loan process.
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