Department of Veterans Affairs Loan Extension Act of 2008 - Extends through FY2019 Department of Veterans Affairs (VA) demonstration projects on the guaranteeing of veterans' adjustable rate and hybrid adjustable rate mortgage loans in a manner similar to which the Secretary of Housing and Urban Development insures such mortgages under the National Housing Act.
Increases, from 2500 to 2600, the cap on the number of veterans for which programs of independent living services and assistance may be annually initiated.