Largest Retiree & Veteran COLA Increase In Decades Approved
The largest COLA increase in decades is coming in 2023. The Social Security Administration adjusts retirement and disability payments annually due to inflation. Learn more.
Finance
Service members and veterans have financial benefits and resources that their civilian friends don’t. Make sure to take advantage of these benefits. These include everything from exclusive life insurance options, to retirement benefits, to VA home loans. You have an amazing opportunity to save money, plan for retirement, and buy a home at good rates without a down payment.
Senate Addresses Coast Guard Pay and Benefits Issues
In 2019, the Coast Guard went without pay due to a federal budget standoff. Why was Coast Guard pay witheld for such a long time? Learn more.
Who Is Eligible for Servicemembers’ Group Life Insurance (SGLI)?
SGLI is an acronym that stands for Servicemembers’ Group Life Insurance. This insurance is a low-cost insurance option provided by the Department of Veterans Affairs. The federal government purchases group life insurance from “a commercial life insurance company” according to the VA official site. Service members can choose coverage in $50 thousand increments with a… Read more »
Military Allowances Guide
What are military allowances? These are different types of payment than your base pay, proficiency pay, hazardous duty pay, or others. An allowance typically meets a specific need or anticipates a certain need. They may be needed to offset the cost of relocating to a new assignment, to help make family separations more affordable, or… Read more »
VA Home Loan Guide
The VA loan benefit is designed to help qualifying active duty, Reserve, National Guard, veterans, and surviving spouses build, buy, renovate, or refinance a home. Learn more.
VA Loan Eligibility Exceptions
The VA mortgage benefit is one of the most important military benefits you can qualify for outside of the GI Bill. But did you know that some who did not serve in the Army, Navy, Air Force, Space Force, Marine Corps, or Coast Guard could still qualify? VA home loans typically require a minimum amount… Read more »
VA Loans: Why Credit Scores Matter
Credit scores are one “pillar” of VA loan approval, and combined with your loan repayment record and your history of income and employment, this information tells the lender a great deal about you as a potential credit risk. But the credit score issue can be confusing for many. One of the most important things to… Read more »
What To Know About VA Home Loan Refinancing
There are important things to know about refinancing a home loan using a VA mortgage. The first thing to know is that not all VA loan options can be used to refinance a non-VA loan but there are options for those who do want to refinance a non-VA mortgage. Not all refinance loans feature cash… Read more »
Who Qualifies For A VA Home Loan?
Do you need to know about VA home loan eligibility requirements? Most who serve on active duty today are required to serve 90 continuous days on active duty before they can apply for a VA Certificate of Eligibility for a VA home loan. But what about members of the National Guard or the Reserve? What… Read more »
VA Home Loans Vs. Other Mortgage Options
The VA home loan is an important military benefit. The ability to apply for a mortgage with no down payment and no VA-required mortgage insurance premiums are two major financial incentives to choose a VA mortgage. But how do VA loans compare with other types of mortgage loans? When comparing government loan programs such as… Read more »