Department of Veterans Affairs
Regional Office and Insurance Center
P.O.Box7208(VMLI)
Philadelphia, PA 19101
VETERANS MORTGAGE LIFE INSURANCE
INSTRUCTIONS
Please read the instructions carefully before completing the attached VA Form 29-8636, Veterans Mortgage Life Insurance Statement.
Inaccurate information may result in your not being insured for the full amount of your entitlement.
GENERAL DESCRIPTION OF COVERAGE
Veterans Mortgage Life Insurance (VMLI) is designed to provide financial protection to cover an eligible veteran's outstanding
home mortgage in the event of his/her death. This mortgage insurance program is administered by the Department of Veterans
Affairs. The insurance is available only to disabled veterans, who, because of their disabilities, have received a Specially Adapted
Housing Grant from the Department of Veterans Affairs. Coverage for this insurance cannot be issued after age 69.
MAXIMUM AMOUNT OF COVERAGE
The maximum amount of VMLI allowed is $200,000. Veterans may select their level of coverage up to the maximum allowed by law,
or their current mortgage balance, whichever is less. The amount payable at the time of death is computed according to the schedule
of mortgage payments and does not include any amount arising from delinquent payments. The money is paid only to the mortgage
holder (mortgage company, bank, etc.)
THE MORTGAGE
The mortgage is the mortgage secured on a specially adapted or modified residence purchased or remodeled in part with a grant
from the Department of Veterans Affairs. If you had VMLI on a housing unit and you sold or otherwise disposed of that housing unit,
you may obtain VMLI coverage for a mortgage loan on another eligible housing unit.
SPECIAL PROVISIONS
The housing unit, which is security for the mortgage loan, must be used by you as your residence.
The insurance ends when the existing mortgage is paid in full, or if your ownership of the residence is terminated.
If title to the mortgage property is shared with anyone other than your spouse and is not a Joint Tenancy ownership or Tenancy by the
Entirety, your coverage is only for the percentage of the title that is in your name.
EFFECTIVE DATE
The effective date for this insurance will be established by VA upon receipt of a signed and completed application with all other
information necessary to determine the amount of the insurance premiums.
YOUR RESPONSIBILITY TO REPORT CHANGES
Since mortgages can be transferred from one lending company to another, it is very important that you report all changes of status
promptly to VA. It is important for VA to know such things as: if you have moved, liquidated your mortgage, refinanced your
mortgage, sold your property, or if the mortgage has been sold or traded to another lender. Please note that insurance protection on a
new mortgage will not be effective until this information is received by VA. These changes will not affect your coverage. The
Department of Veterans Affairs Insurance Center in Philadelphia maintains all the VA records involved in the VMLI program and all
such changes should be sent to that office. The address is:
VA FORM
AUG 2011
29-8636
SUPERSEDES VA FORM 29-8636, JAN 2011,
WHICH WILL NOT BE USED.
PAGE 1
PREMIUMS
The premiums for this protection are based only on the mortality costs of insuring non-disabled lives. Premiums must be deducted
from your monthly VA Disability compensation. If at any time you are not entitled to a cash payment of compensation, the monthly
premium must be paid directly by you to VA. Premiums are based on the scheduled unpaid balance of the mortgage at the time the
insurance is effective, the number of years for which payments must be made in the future and your current age. When you apply for
the insurance, your premium will be calculated and you will be advised of the amount.
This statement should be completed and returned as soon as possible.
If you are eligible and want the insurance, complete Part A, Items 1 through 16 only - otherwise see Part B
below.*
If the information requested in any item is not readily available, insert "unknown". The Department of Veterans
Affairs will secure the information from other sources or, if necessary, write to you again.
Please print or type the information to be inserted. Return the completed statement to the address shown on
Page 1.
Items 1 - 5 - Self-explanatory.
Item 6 - If Veteran is incompetent, show address of guardian.
Item 7 - Self-explanatory.
Item 8 - Self-explanatory. (For the purpose of establishing the insurance correctly, the Department of Veterans
Affairs will write to this company or individual.) NOTE: If house is under construction, send photocopies of
construction contract and mortgage loan commitment with this application.
Item 9 - Enter any mortgage, account, or identification number assigned t o your mortgage by the company or
individual to whom payments are made.
Item 10 - Self-explanatory.
Item 11 - Enter original dollar amount of your mortgage, at the time the mortgage was granted and the present
unpaid balance.
Item 12 - Enter the amount of your monthly payment for principal and interest, excluding any amount for taxes,
insurance, etc.
Item 13 - Enter the agreed annual rate of interest of your mortgage.
Item 14 - Show the date the first payment was due under the mortgage and the duration as of that date, such as
20, 25, or 30 years, or 20 years 10 months, etc.
Item 15 - If your home is under construction, please indicate so in Block 15A. If you want coverage to begin
prior to completion of the home, indicate so in Block 15B. Please provide a copy of your construction
commitment. Premiums will be based on your construction commitment amount, but could be adjusted when
you make final settlement.
Item 16 - Indicate the requested level of coverage. VMLI coverage may not e xceed $200,000, or your current
mortgage balance at the time of application, whichever is less.
Item 17 - Sign full name and enter date. If signed by guardian please indicate. In any other case in which
Veteran's signature does not appear, please explain.
*Part B - If you do not want the insurance, please enter your name and VA file number, check the appropriate
box, sign, and date.
INSTRUCTIONS FOR COMPLETING STATEMENT
To Contact Us:
Mailing address:
VAROIC
P.O. Box 7208 (VMLI)
Philadelphia, PA 19101
Toll-free 1-800-669-8477 Voice Response System (24 hours, 7 days a week)
Representatives on duty Monday - Friday 8:30 AM - 6:00 PM EST
The best days to call are Wednesday and Thursday.
Fax Service (215) 381-3156
Web site address - "www.insurance.va.gov"
E-mail address -"vainsurance@va.gov"
PAGE 2
ANY QUESTIONS REGARDING VMLI, PLEASE CALL 1-800-669-8477.
COMPLETE AND RETURN
PART A OR PART B
OMB Control No. 2900-0212
Respondent Burden: 15 minutes
VETERANS MORTGAGE LIFE INSURANCE STATEMENT
RESPONDENT BURDEN: We need this information to establish your eligibility for VA Insurance benefits (38 U.S.C. 1922). Title 38, United States Code, allows us to ask for this
information. We estimate that you will need an average of 15 minutes to review the instructions, find the information, and complete this form. VA cannot conduct or sponsor a collection
of information unless a valid OMB control number is displayed. You are not required to respond to a collection of information if this number is not displayed. Valid OMB control numbers
can be located on the OMB Internet page at http://www.reginfo.gov/public/do/PRAMain. If desired, you can call 1-800-827-1000 to get information on where to send comments or
suggestions about this form.
PRIVACY ACT NOTICE: The VA will not disclose information collected on this form to any source other than what has been authorized under the Privacy Act of 1974 or Title 38, Code
of Federal Regulations 1.576 for routine uses identified in the VA system of records, 36VA00, Veterans and Armed Forces Personnel U.S. Government Life Insurance Records-VA,
published in the Federal Register. Your obligation to respond is voluntary, but your failure to provide us the information could impede processing. Giving us your SSN account information
is voluntary. Refusal to provide your SSN by itself will not result in the denial of benefits. The VA will not deny an individual benefits for refusing to provide his or her SSN unless the
disclosure of the SSN is required by a Federal Statute of law in effect prior to January 1, 1975, and still in effect. The responses you submit are considered confidential (38 U.S.C. 5701).
PART A
4. DATE OF BIRTH (Month, day, year)
7. ADDRESS OF MORTGAGED PROPERTY (If different than Item 6 above)
8. NAME, ADDRESS AND PHONE NUMBER (If known) OF COMPANY OR INDIVIDUAL TO W HOM MORTGAGE PAYMENTS ARE MADE (No. and
street or rural route, city or P.O., State and ZIP Code) (If house is under construction, refer to note under Item 8 on Instructions sheet - Page 2)
MORTGAGE INFORMATION
YES
C-
1. TELEPHONE NUMBER
%$
$
15. HOME UNDER CONSTRUCTION
YES NO
IMPORTANT NOTICE
This is notice to you as required by t he Right to Financial Privacy Act of 1978 that VA has a right to have access to your financial records (held by
financial institutions) in connection with assisting you. Financial records involving your transaction will be available to VA without further notice or
authorization but will not be disclosed or released to another Government Agency or Department without your consent except as required or
permitted by law.
I CERTIFY THAT the above information is accurate to the best of my knowledge. I authorize VA to withhold the required premium from my VA
benefits for the purpose of paying for the mortgage protection life i nsurance.
FOR VA USE ONLY
18. AMOUNT OF INSURANCE
VA FORM
AUG 2011
29-8636
$
DETACH HERE
PART B - DECLINATION OF INSURANCE
4. SIGNATURE OF VETERAN (Do not print)
VA FORM
AUG 2011
29-8636
SUPERSEDES VA FORM 29-8636, JAN 2011,
WHICH WILL NOT BE USED.
PAGE 3
9. MORTGAGE ACCOUNT
NUMBER
$
2. VA CLAIM NUMBER 3. SOCIAL SECURITY NUMBER
5. VETERAN'S NAME (First, middle, last) 6. MAILING ADDRESS OF VETERAN (No. and street or rural route, city or P.O., State and ZIP Code)
11. AMOUNT OF MORTGAGE
A. ORIGINAL AMOUNT B. CURRENT BALANCE
10. IS TITLE TO THE MORTGAGED
PROPERTY HELD JOINTLY WITH
ANYONE OTHER THAN YOUR
SPOUSE?
A. IS YOUR HOME CURRENTLY
UNDER CONSTRUCTION?
12. MONTHLY PAYMENT
AMOUNT (Principal and
Interest only)
13. RATE OF INTEREST
14. MORTGAGE PAYMENT PERIOD
A. FIRST PAYMENT DUE (Month,
day, year)
B. DURATION OF PAYMENTS (Months
and years)
B. DO YOU WANT VMLI COVERAGE
TO BE EFFECTIVE WHILE THE HOME
IS UNDER CONSTRUCTION?
NO
$
17A. SIGNATURE OF VETERAN 17B. DATE SIGNED
19. EFFECTIVE DATE 20. AMOUNT OF
PREMIUM
21. APPROVED BY 22. DATE APPROVED
YES NO
3. I AM DECLINING THE MORTGAGE PROTECTION LIFE INSURANCE FOR THE REASON CHECKED BELOW:
1. VETERAN'S NAME (First, middle, last)
C-
2. VA FILE NUMBER
I DO NOT HAVE A MORTGAGE I DO NOT DESIRE THE INSURANCE I AM NOT ELIGIBLE BECAUSE OF AGE
5. DATE SIGNED
SUPERSEDES VA FORM 29-8636, JAN 2011,
WHICH WILL NOT BE USED.
16. INDICATE REQUESTED LEVEL OF COVERAGE, NOT TO EXCEED
$200,000, OR CURRENT MORTGAGE BALANCE, WHICHEVER IS LESS.
16. COVERAGE