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Gov’t partnership to lower mortgages of military

Government partnership to lower mortgages of military

The Obama Administration announced a new agreement this week with five of the nation’s largest banks aimed at helping active-duty military service members save hundreds of dollars or more each year on their mortgage.

Under a 2003 law, active-duty service members can have their mortgage rates and some of their other debt fees capped at 6 percent. However, many military members aren’t taking advantage of benefits that could lower their mortgage payments. Read the rest of this entry

VA Loans

This blog will go over the option of the VA mortgage.  This loan- VA – is the best option for most military families (active or retired) looking to purchase a home.  The VA loan has several advantages: Read the rest of this entry