Tiny homes can be a great choice for those looking for a more minimalistic lifestyle. They can also cut down on housing and electricity costs, resulting in significant savings over time. Best of all, if you’re a military member or veteran, you can even use your VA loan entitlement to buy or build a tiny … Read more
The Servicemembers Civil Relief Act (SCRA) offers legal and financial protections to active duty service members, making it easier to focus on the mission without the burden of financial stress. If you’re a Navy Federal Credit Union member, the good news is they go above and beyond the standard SCRA requirements. I’ve been through this … Read more
Buying land opens the door to many opportunities. You can build your dream house, create a getaway for your family, or even start a business — all on your own terms. If you’re a veteran or military member, you might even get to use your VA loan entitlement to pay for it. Maybe. While you … Read more
If your credit isn’t great, you’ll be pleased to hear about one of the biggest advantages of VA loans – lower credit score requirements. While it’s possible to qualify for a VA loan with poor or bad credit, it will likely impact your interest rate, so if you’re close to reaching a higher credit tier, … Read more
Frequent moves are a fact of life for active duty military personnel. On average, most service members and their families can expect a PCS move every one to four years. If you plan to stay in the service for any length, that can create ongoing challenges when deciding to rent or buy as part of … Read more
Citi offers a robust selection of credit cards and banking services with significant perks for military service members, particularly under the Military Lending Act (MLA). Whether you’re looking to maximize travel rewards, earn cashback, or enjoy top-tier benefits with no annual fees, Citi’s lineup of cards can make a solid addition to your wallet. Let’s … Read more
When you sign up for the Thrift Savings Plan (TSP) you are given a choice between six fund options, all based on index funds. Index funds allow investors to buy a bundle of stocks that track a single market sector. Lifecycle Funds, also called L Funds, are structured differently. This group of 11 fund options … Read more
The Automated Housing Referral Network (AHRN) is a free, valuable resource designed specifically to assist military families with the often-challenging process of finding suitable housing during a Permanent Change of Station (PCS). Established with the needs of military members in mind, AHRN connects service members, families, Veterans, and others with available housing options, whether on … Read more
Table of Contents Top 10 States for Retired Veterans 1. South Dakota 2. Wyoming 3. Louisiana 4. Oklahoma 5. Florida 6. Alabama 7. Arkansas 8. Iowa 9. Alaska 10. New Hampshire Best Cities for Retired Veterans Methodology Returning to civilian life can be a disorienting process for veterans. According to the Department of Veteran Affairs, … Read more
For veterans with disabilities seeking a VA loan, it’s common to ask about using VA disability pay to qualify for the loan. While you can count your VA disability as income, navigating lender requirements and the documentation you need can be a bit tricky. The easiest way to know if your financial situation qualifies for … Read more