Mortgage

Wondering how much Basic Allowance for Housing (BAH) you should be getting? Use this guide to estimate your BAH based on your duty station, rank, and dependent status. Your location significantly impacts your rate, with high-cost areas offering more. Smart service members maximize BAH by renting wisely or investing in real estate. Stay informed, calculate […]

Wondering how military retirement pay is taxed in your state? This state-by-state guide on military retirement taxes breaks down which states fully exempt, partially tax, or fully tax military pensions. States like Florida and Texas offer full exemptions, while California still taxes 100%. Understanding these rules can save veterans thousands annually. Stay updated on tax

To qualify for a VA IRRRL, you must have an existing VA loan, seek to refinance that loan, and have made at least six on-time payments. VA IRRRL eligibility also requires a “net tangible benefit,” like a lower rate. You don’t need to live in the home currently, and no credit check is needed by

Check out the latest BAH rate updates for 2025 to see how they impact military housing and real estate investment. BAH rates have increased by 4.2%, with high rates in cities like San Francisco and Washington, DC, and low rates in areas like Fort Leonard Wood, MO. These variations influence rent affordability and investment opportunities,

Understanding VA residual income limits is crucial for VA loan approval. Residual income is the cash left after fixed expenses, ensuring borrowers aren’t financially strained. Unlike debt-to-income (DTI), it considers absolute dollars remaining. VA guidelines vary by region and household size, with specific income thresholds. Falling short can impact loan approval, though strong credit or

The minimum credit score needed for a VA loan isn’t set by the VA, but most lenders require at least 620 for approval. A higher score (640+) improves loan terms and lowers costs. To qualify, borrowers should reduce credit card balances, dispute errors, and maintain on-time payments. While some lenders may approve scores as low

Are you a veteran or an active-duty service member dreaming of building your own home? VA construction loans offer a powerful financing option that allows eligible borrowers to construct a home without the burden of a large down payment. However, navigating the qualification process can be complex. This guide provides a detailed breakdown of VA

VA loan closing costs in Florida by breaking down fees like appraisal, title insurance, escrow, and more. It explains regional variations, compares VA loans to conventional loans, and offers actionable strategies—such as negotiating fees, using online calculators, and exploring assistance programs—to help first-time homebuyers, investors, and real estate professionals save money. Understanding VA Loan Closing

Are you a veteran or active-duty service member considering refinancing your VA loan? With multiple options available, choosing the right type of VA loan refinance options include the IRRRL for lower rates and the Cash-Out Refinance to access equity. IRRRL streamlines rate reduction, while Cash-Out allows borrowing against home value, even from non-VA loans. Choosing