Personal finance insight and advice for Veterans, service members and their families
VA disability pay for 2023 increased by 8.7%. The new disability compensation rates took effect on December 1, 2022. See the current VA disability pay charts, and calculate your monthly compensation.
The Servicemembers Civil Relief Act (SCRA) is a federal law that provides a range of civil and financial protections for active duty military members and their spouses. The SCRA provides mortgage rate protections that apply as long as the loan predates enlistment or the period of active duty service.
Most states offer disabled Veterans property tax exemptions, which can save thousands each year depending on the location and the Veteran's disability rating.
When returning from deployment, adjusting to life stateside may be difficult. For military members returning home with an injury as a result of their service, adapting to a new way of life has its own set of challenges.
Credit plays a huge role in the VA loan process. Fortunately for Veterans and active-duty service members, VA loans feature relaxed credit requirements when compared to conventional loan programs.
Not all first-time homebuyers will have a robust credit history, and as strange as it sounds, things like your cable bill or P.O. Box can help you land a VA home loan. Using alternative tradelines may convince mortgage lenders that you're a safe bet.
Nobody can predict when large unplanned expenses will land on your lap. Whether you need immediate surgery, lose your job or need urgent home repair, it’s always a good idea to have an emergency fund.
The VA provides guidelines for residual income to ensure Veterans can afford daily living expenses. We take a deep dive here into residual income requirements and what to expect in this part of the loan process.
New homeowners often get solicitations for mortgage term insurance. Here's what you need to know.
Veterans Day 2020 will be on Wednesday, November 11th, 2020.We’ve conveniently broken down the discounts, free meals, deals, and sales for Veterans Day by category.