The Navy has to have a need/want.
I was told that they would rather keep an aviator in another community, than have him leave, although I never made any comments about getting out.
The community manning in VRC/VAW in my year group was undermanned, so they had room to take me.
Keep in mind, if you are gunning for Admiral or CAG, this is probably going to kabosh that. If you want to keep on flying, and accept that you will likely be a terminal LCDR for it, by all means apply when the time is right.