Getting a VA home loan begins with establishing your eligibility for VA loan benefits. All applicants must meet specific time-in-service requirements, which vary depending on when you joined the service. For many serving today, the requirement is simple – the Department of Veterans Affairs official site states, “If you are now on active duty, eligibility […]
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Are you thinking of using your VA home loan benefits for the first time? Here are the basic things you need to know about the VA home loan process. VA Loans Are Guaranteed By The Government Your VA mortgage is guaranteed by the government, but offered and processed by participating lenders. Your current financial institution […]
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2016 Non-Locality BAH Rates are effective Jan. 1, 2016 through Dec. 31st, 2016. Non-locality BAH is basic housing allowance for members under the following circumstances: Reservists on active duty less than 30 days. Service members in transit from select areas where no prior BAH rate exists Service members who live in government housing and pay […]
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The Department of Veterans Affairs (VA) has announced the 2013 VA loan limits by county and most counties remained at the $417,000 VA loan limit or did not change. This is mainly due to little change in recent house pricing reports and since the 2012 VA loan limits were adjusted to more generous calculations after […]
Read MoreHere are the 2013 Non-Locality BAH Rates for 2013 and are effective Jan. 1, 2013. Non-locality BAH is basic housing allowance for members under the following circumstances: Reservists on active duty less than 30 days. Service members in transit from select areas where no prior BAH rate exists Service members who live in government housing […]
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A visual representation of the current status of the proposed military pay, BAH (Basic Allowance for Housing) and BAS (Basic Allowance for Subsistence) rate increases. Approval of the National Defense Authorization Act by the House of Representatives, Congress and the President is required before these rates are finalized. Rate increases are subject to amendment prior […]
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The are many VA home loan myths that hinder people trying to fulfill their dream to own a home. Such myths include inaccurate information about who can be eligible for a VA Loan, and when. Do not allow these misconceptions to deter you from your VA home loan options; the data given here will assist […]
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