Here are the 2022 military pay charts, according to the 2022 National Defense Authorization Act. Troops received a 2.7% pay increase. The final pay raise is in line with President Joe Biden's budget proposal and the Employment Cost Index (ECI) … Read More
Latest Articles
Burn Pits and VA Disability
Editor's Note: In a June 6, 2022 email to veterans, the VA said it would begin contacting National Guard and reserve service members to schedule their part 2 Airborne Hazards and Open Burn Pit Registry exam. The VA said active-duty and activated … Read More
VA Loan Benefits for Disabled Veterans
Veterans with a VA disability rating for a service-connected injury or illness qualify for additional VA home loan benefits. The VA and many state and local governments offer special programs and benefits that can help veterans who live with … Read More
VA Loan Occupancy Requirements
The VA home loan is a no-money-down mortgage exclusively for military service members and veterans who have fulfilled a minimum service requirement. Certain surviving spouses of military members who died in the line of duty are also eligible for a VA … Read More
Minimum Property Requirements for a VA Loan
The VA loan offers veterans an affordable path to homeownership. However, not all properties qualify for this loan because the VA wants to ensure veterans’ homes meet their baseline standards for habitability. Here’s what you need to know about … Read More
Can You Transfer a VA Loan to an LLC?
When investors ask about transferring a VA loan to an LLC, they’re really asking about transferring the title of the underlying property to an LLC. These are two separate actions that can’t be conflated. While it’s impossible to transfer your VA … Read More
VA Disability Claims for Covid-19
Active-duty military service members and National Guardsmen on emergency response orders may have been exposed to Covid-19 in the line of duty. Some people who contract the Covid-19 virus experience lingering effects from the disease, which the … Read More
American Express Military Fee Waiver
There are many credit card options that feature perks for being a military member. You will find military fee waivers offered by a variety of high-profile credit cards including American Express, which means you may be eligible to access high-value credit cards (assuming the applicant is otherwise financially qualified) that can push your access to credit to a new … Read More
VA Loan Requirements
Eligible borrowers can buy a home with no down payment with the VA loan. Service members and veterans need to meet VA loan requirements to qualify for this benefit. Here’s what you need to know about VA loans. VA Loan Overview For eligible … Read More
2022 VA Disability Rates
2022 VA Disability Rates saw a 5.9% cost-of-living increase based on the Social Security Administration's 2022 Cost of Living Adjustment (COLA). Congress passed legislation in early October to increase veterans’ disability compensation and other … Read More
COLA Increase Watch 2022-2023
What might the 2023 cost of living allowance (COLA) increase look like? It's too early to tell definitively, but we'll keep tracking inflation data and other factors that could impact 2023 COLA rates here. 2022 COLA Back in October, the Social … Read More
