Is it possible to use a Veterans Affairs mortgage to purchase a duplex? What about using a VA mortgage to buy a multifamily home? The answer in both cases is yes, but certain conditions apply. When considering using your VA loan benefit to buy a multi-unit property, remember that your VA lender will require compliance with VA […]
2022 Best VA Loan Lenders
Who are the best VA home loan lenders? That is a question that is hard to answer because not all borrowers have the same needs. You will want to tailor your search for a participating VA lender to suit your specific goals and plans for the home. That is important because there is no one-size-fits-all […]
DOD Increases BAH for 56 Areas Through December 2021
The Department of Defense has authorized a temporary increase to Basic Allowance for Housing (BAH) stipends through December 2021. In an announcement Friday night, Sept. 24, DOD said military members at 56 housing areas are eligible to apply for the increase, which takes effect on Oct. 1. “Rental housing market data collected by the Department […]
VA opens eligibility for veteran benefits to service members discharged under ‘Don’t Ask Don’t Tell’
The Department of Veterans Affairs announced Monday that it would open eligibility for all VA benefits to veterans discharged for their sexual orientation, gender identity or HIV status under the “Don’t Ask, Don’t Tell” policy. The Clinton administration enacted the policy on Dec. 21, 1993. It remained in effect for nearly 18 years until its […]
Should You Pay Off Your Mortgage Early?
Like many financial planning questions, no clear-cut answer exists to whether or not you should pay off your mortgage early. Rather, there are advantages and disadvantages to both paths. And, depending on your unique personal circumstances, you’ll have to determine what makes the most sense. As such, we’ll use this article to help answer the […]
