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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 competitive rates, typically without a down payment.

Military Pay: Combat Zone vs. Non-Combat Pay

Military deployment orders can change pay and entitlements from the day orders take effect. Assignment location may play a big part, since combat and danger determine whether some military pay is tax-free. Combat vs. non-combat pay and incentives depend heavily on how the DoD assigns and designates troops worldwide. One example? The Department of Defense… Read more »

Marital Status and Military Life Insurance Choices

Life insurance is a tool designed to protect loved ones if the policyholder dies. While the purpose of life insurance remains constant, life choices and changes typically shape your specific insurance policies, coverage amounts, and beneficiary designations. One of the most important areas? Your marital status. How should this affect your military life insurance choices?… Read more »

PenFed Credit Union

Founded in 1935 as the War Department Federal Credit Union, PenFed initially served those with a common bond in national defense. It has since acquired several other credit unions, enabling it to expand its services nationwide for non-military members. However, it still maintains a strong focus on serving the military community. That connection shows up… Read more »

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VA Loans for Mobile Homes & Manufactured Homes

There are VA mortgages for a variety of loan purposes. You can buy a condo unit, townhome, duplex, and multi-unit properties with a VA mortgage. You can also use a VA loan to buy a mobile home and even the land that home is to be placed upon. VA loan rules for manufactured home purchases are a bit different than for buying a typical suburban home, but some of those differences have to do with the unique nature of manufactured housing. Learn more.

The VA Loan Certificate of Eligibility

The VA Certificate of Eligibility (VA COE) is your gateway to the VA home loan program and without it, you can’t officially move forward with a VA mortgage application. Learn more.

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Government Shutdown Averted For Now: Congress Passes Continuing Resolution

The looming government shutdown crisis has been averted, at least for now. On the last day of September 2023, Congress found a way to sidestep partisan bickering, political posturing, and budget crisis theater long enough to pass a continuing resolution that keeps the federal government fully funded for an additional 45 days into the new… Read more »