Section 45.33. Eligibility and disqualifying factors.

 

(1)   Eligible persons. Subject to sub. (2) (a) or (b) , the following persons may receive a loan under this subchapter:

(a) A veteran.

(b) A person who served on active duty for more than 6 months during the period between February 1, 1955, and August 4, 1964, and was honorably discharged.

(c) The unremarried surviving spouse or dependent child, as defined in s. 45.01 (6) (b) , of a deceased veteran or of a deceased person described in par. (b) .

(d) Any person who has completed 6 continuous years of service under honorable conditions in the army or air national guard or in any reserve component of the U.S. armed forces, and who is living in this state at the time of his or her application for benefits.

(2)   Disqualifying factors.

(a) A person listed in sub. (1) may not receive a loan under this subchapter if the department or authorized lender determines that any of the following applies:

1. The person will be incurring an excessive indebtedness in view of the person's income.

2. The person has a previous loan outstanding under this subchapter, unless any of the following applies:

a. The previous loan has been assumed by an eligible person with the department's approval upon the sale of the residence securing the previous loan.

b. The person is applying for a loan under s. 45.37 for a purpose under s. 45.34 (1) (c) and the previous loan was made under s. 45.37 .

(b) A person listed in sub. (1) who is not a permanently and totally disabled veteran may not receive a loan under this subchapter if the department or authorized lender determines that any of the following applies:

1. The person is delinquent in child support or maintenance payments or owes past support, medical expenses, or birth expenses, as evidenced by the appearance of the person's name on the statewide support lien docket under s. 49.854 (2) (b) , unless the person provides the department or authorized lender with one of the following:

a. A repayment agreement that the person has entered into, that has been accepted by the county child support agency under s. 59.53 (5) and that has been kept current for the 6-month period immediately preceding the date of the application.

b. A statement that the person is not delinquent in child support or maintenance payments and does not owe past support, medical expenses, or birth expenses, signed by the department of children and families or its designee within 7 working days before the date of the application.

2. The amount of the loan exceeds 2.5 times the median price of a home in this state. The department shall establish the median price of a home in this state for each fiscal year by using the most recent housing price index generated by the Wisconsin Realtors Association before July 1.

2005 a. 22 , 25 , 253 ; 2007 a. 20 .