Though heralded as one of the most significant pieces of legislation in history, the GI Bill almost didn't come to pass. Known as The Servicemen's Readjustment Act of 1944 (more commonly the GI Bill of Rights) it was almost stopped at the Congressional level as members of the House and Senate debated the finer details of the law. Designed to assist veterans assimilating into civilian life, many people had concerns about ...
How to Get a VA Certificate of Eligibility
If you’ve been wondering how to get a VA Certificate of Eligibility in order to apply for a loan through the VA Home Loan Program, there’s no need to look any further. A VA Certificate of Eligibility, which shows lenders that you may qualify for a VA home loan, is fairly easy to request. It’s important to remember, though, that a home loan is not guaranteed even with a certificate. Potential ...
How to Apply for a VA Loan
If you’re unsure of how to apply for a VA loan, you’re not alone. Many people are confused when it comes to applying for any type loan, especially when dealing with the Veteran’s Administration. Purchasing a home can be daunting task, but there are certain things, that every veteran can learn to help make their home-buying process quicker and easier. And a VA loan is well worth the minimal amount ...
Comparing Mortgage Life Insurance to Term Life Insurance
Do you need mortgage life insurance? If you have purchased a house, you were offered mortgage life insurance, which is also known as mortgage protection insurance. The basic idea behind mortgage life insurance is that it will pay off your mortgage when you die. While that sounds like a good idea, mortgage life insurance is usually not the best life insurance option for most people. Shop around and you will probably ...
Military Members Have it Too Good and Whine Too Much
A few months ago I published an article entitled Should Military Members Receive Special Benefits?. The article was written in response to a comment on another website by someone who didn't believe military members should receive additional benefits. I dedicated an entire article to the response because military compensation is a complicated and sometimes touchy topic. In the article, I was clear to articulate that base military pay is low and ...