Things for Military Families to Consider when Deciding Whether to Buy a Home Buying and owning a home is often more complicated for military families than civilians. Between navigating mortgage options, pinning down the best neighborhood for your family, and predicting the next PCS, there are many factors to consider. While running through the recommended… Read more »
Military Family Members, Survivors, and Family Caregivers VA Benefits Do you know about all of the VA benefits you and your loved ones may qualify for? This list can help you make sure you’re not missing out on health care, life insurance, or financial assistance. If you’re receiving benefits, there are resources to help you… Read more »
VA Streamline Refinancing is a different way of referring to the VA Interest Rate Reduction Refinance Loan, or VA IRRRL (pronounced “Earl”) and is an option for some homeowners who utilized a VA Loan to purchase their house.
The National Guard’s COVID-19 response has created some additional benefits, in the form of veteran home loans, or VA Loans. The latter was activated during the pandemic, thanks to a provision in the Veterans Health Care and Benefits Improvement Act.
Buying a Home Remotely The military life makes people resilient, up to any challenge. They’ll go off to war for a year, let the whims of fate send them to their next installation—they’ll even buy a house sight unseen. It’s old news that mortgage rates are lower than rental rates these days. A military family… Read more »
Preparing to Purchase a Home For many people, buying a home will be the biggest money-decision they make in their lives. Some families save for years to feel fully prepared for the big leap while others dive into a 15 or 30-year mortgage without making a game plan. No matter if you’re in the market… Read more »
Can You Borrow More Than Your House is Worth With a VA Loan? Let’s say you want to buy a $250,000 home. You qualify for a VA loan and know that it will be a $0-down mortgage. The problem is, you want to replace all of the kitchen appliances, and that carpet in the master… Read more »
What Do You Need to Know About VA Loans? By: Justin Fisher Homeownership remains at the heart of the American Dream. That is especially true for Veterans and the military community, who continue to own homes in greater numbers than their civilian counterparts. To assist Veterans and Service Members in purchasing a home, the Department… Read more »
VA Adapted Housing Grants: An Introduction Our military community is amazing! They are frequently away from home, missing anniversaries and birthdays, to answer the call of the nation. Many honorable men and women have sacrificed their lives in the service of our country. Many others have suffered and become disabled as a result of their… Read more »
Key Points for CARES Act and Your VA Loan The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law by President Trump on March 27, 2020. Its purpose is to address the effect of the COVID-19 pandemic on the U.S. economy by “providing fast and direct economic assistance for American workers and… Read more »
How to Determine if a VA Loan is Right for You? VA loans are mortgage loans that are readily available for service members, veterans, and eligible surviving spouses. These loans are supported by the federal government and are provided by private lenders such as banks and mortgage companies. The VA guarantees a portion of the… Read more »
VA Loan Best Practices If you are an active service member, spouse, or dependent, the chances are great that you have heard of VA Loans. You may have even looked into them or read about them somewhere on the internet. A few weeks ago, we published an article explaining why you should consider using this… Read more »
The VA Loan, A Military Benefit You Should Use As a service member or veteran, you have a very important benefit you can use to help your family, the VA loan. The VA Home Loan program has been available for more than 75 years now. And can be a good way to get into a… Read more »
Military Benefit Changes For 2020 For the latest military benefit changes for 2021, please go here. Changes announced so far. Please keep checking back, as we will continue updating new changes to your military benefits for 2020. TRICARE Drug Costs To Increase By Over 40% Every year on January 1st, TRICARE has its regular cost… Read more »
Starting on January 1st, 2020, there will be changes to the VA loan limits. Because of the Blue Water Navy Vietnam Veterans Act of 2019, VA loan limits will be eliminated and VA loan fees will rise. This new law was signed into law by President Trump earlier this year. This bill has been a… Read more »
When it comes to buying a home, many military families use a VA loan, which is one of the benefits of serving in the US Armed Forces . This type of loan can save a lot of money and can allow families to buy their own home before they would otherwise be able to do… Read more »
One of the benefits of serving in the US Armed Forces is the ability to get a VA loan in order to buy your own home. There is no cap on how much you can borrow to finance your home with the VA. However, there are limits on the amount of liability that the VA… Read more »