Inserts a new paragraph (8) into 38 U.S.C. 3701(b) to include, for purposes of home loans (subject to an additional loan fee in 38 U.S.C. 3729(b)(4)(J)), individuals who have completed at least 14 days of active duty under specified paragraphs and who continued to serve until completion of entry level and skill training.

Adds a new subparagraph (H) to 38 U.S.C. 3702(a)(2) to include each individual described in 38 U.S.C. 3701(b)(8) within basic entitlement.

Adds a new subparagraph (J) to 38 U.S.C. 3729(b)(4) requiring that when a veteran's eligibility is under 38 U.S.C. 3701(b)(8) and they have no other eligibility, the loan fee table in paragraph (2) be applied by adding 1.00 to the percentage in the table.