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Honor Role: Interfaith Services of San Diego

“They didn’t make bad choices or do anything wrong – they had tough lives. And we help them.” These are wise words from Greg Anglea. Greg is the Executive Director of Interfaith Services of San Diego, and he works for the Veterans Assistance department. His primary function is helping to provide resources to veterans who […]

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Honor Role: 8 Bit Salute

Video games are a modern staple in our daily society. They serve as forms of entertainment and stress relief. Living out fantasy scenarios that take your mind elsewhere, whether racing cars or killing bad guys. The organization Operation Supply Drop knows all too well not only the power of video games, but also the importance […]

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Honor Role: Veterans of Comedy

The Veterans of Comedy have the charm turned on, even when they are off duty. When they came to VA Home Loan Centers for an Honor Role interview, they were already ribbing each other before the interview. “Just because they HAVE snacks,” Shawn Halpin said to his partner-in-comedy Will C Clifton, “doesn’t mean you have […]

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Honor Role: Brides Across America

Here comes the bride. She’s worried about her soon-to-be groom’s deployment. With money tight and stress building, she is also troubled about affording a nice wedding dress, or any dress at all, for a ceremony she may even be apprehensive about having, at the moment. Heidi Janson, who is the founder and CEO of Brides […]

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Honor Role: Pets for Patriots

When veterans come home from deployment, they can sometimes feel forgotten. With common tales of roadblocks to benefits, difficulties in obtaining work, or feeling isolated from loved ones because of post traumatic stress disorder, our soldiers can lose their way. Another group of Americans that fall through the cracks are homeless pets. Though they are […]

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Honor Role: Miss Veteran America & Mr. Mom

It’s an honor to serve. For Miss Veteran America, it’s also an honor to serve her fellow female veterans who face adversity. The organization Final Salute Inc. is committed to combating not only homeless female veterans, but also to help female veterans going through financial strife that puts them in danger of homelessness, or facing […]

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Honor Role: Reality TV Figure Shawn Goodwin

Reality TV is a massively popular notion in today’s voyeuristic society. Though quite a few programs under this category are found lacking both taste and worthy characters to focus on by the general public, others get it right. Shawn Goodwin has quite a following in the world of reality TV via the popular Syfy program […]

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Veterans Writing Project

“Either write something worth reading, or do something worth writing.” Benjamin Franklin once spoke these words, and they are definitely words to live by. A good story can propel you into a sea of inspiration and emotion. Without a doubt veterans, and those who are active duty, have some memorable stories to tell. Ron Capps, having […]

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Adopt a US Soldier

If you’ve ever been to summer camp or travel for a living, you are familiar with the uncomfortable feeling of being away from home. Now, picture being part of the military and being deployed. The US Adopt a Soldier program was created in order to combat these awful feelings magnified with the added fears that […]

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1099 Debt Relief: Will I Have to Pay Taxes on a Short Sale?

In 2007, former President George W. Bush signed the Mortgage Forgiveness Debt Relief Act into law. The act allows for homeowners who would have otherwise been subject to taxes on forgiven mortgage debt following a foreclosure to avoid having to pay them. The tax relief act was extended through the end of 2014, and currently […]

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A New Orleans First: Chronic Homelessness ended among Veterans in NOLA

On Jan. 7, New Orleans Mayor Mitch Landrieu reported that New Orleans has become the first major American city to end chronic homelessness among veterans. On July 4, 2014, Landrieu announced the intention of housing 193 homeless veterans by year’s end; the city exceeded this goal by finding suitable homes for 227 veterans.  New Orleans […]

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5 Ways for Veterans to Sell their Home without Equity

In recent years, home values have fallen into a tailspin for countless active duty military members, many of whom have gone underwater on their mortgage. This means they owe more on their mortgage than what the market dictates the value of the home is. Complicating this issue for military homeowners is the looming possibility of […]

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VA Hud Team UP

The U.S. Department of Housing and Urban Development (HUD) and the V.A. Join forces to assist 2,000 Homeless Veterans Achieve Permanent Home Occupancy National effort to end veteran homelessness buoyed by$13.5 million in HUD-VASH vouchers The Department of Veterans Affairs is aggressively combating veteran homelessness, with a stated goal of eliminating it by the conclusion […]

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Army Ranger School Opening For Women

The contributions women have made to the American military over the course of this nation’s history are undeniably substantial. Despite being largely overlooked and often marginalized, innumerable examples exist of female military members demonstrating the same patriotic bravery and dedication to service as their male counterparts. It was Margaret Corbin, who defended Fort Washington with […]

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What is Consideration (Earnest Money Deposit or Good Faith Deposit)?

The majority of VA loans call for an earnest money deposit. Although no set guidelines exist for the total amount dictated in an EMD, commonly the deposit will be for a total of two percent of the property’s sale price. Generally, this sum is called for following the initial agreement of sale between the buyer […]

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Is my loan limit only $36,000?

The Department of Veterans Affairs has not established a maximum for the amount a borrower can use to finance their home. Although, it is important to understand that a limit does exist on the total amount of assumable liability that the VA can take on. This impacts how much a lender will be willing to […]

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Applying for a VA Home Loan if You’re Active-Duty

Active-duty service member in the U.S. military, are eligible to receive the VA home loan. In comparison to conventional loans, military members are much better off pursuing a VA loan. This loan offers no money down, easier qualifying standards, no set credit requirement, a reduced funding fee and no mortgage insurance required, among numerous other benefits. […]

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Art Therapy Treatment for Veterans with PTSD

Perhaps the most widely used phrase to describe the nature of war is the three words first coined by Civil War General William Tecumseh Sherman: War Is Hell.  Following a summer long engagement, which saw a combined 8,000 Americans killed and an additional 50,000 wounded, Sherman, laid siege to the City of Atlanta. The Atlanta […]

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Can I Add the Funding Fee to my Loan?

Since 1944, the VA Home Loan Program has financed home purchases for over 18 million veterans. Because the Department of Veterans Affairs minimizes lender-risk by insuring the loans, financing is more readily available. Eight out of ten veterans are unable to qualify for conventional loans; because the program largely mitigates investors from the burden of […]

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What are the Differences Between Conventional Loans and VA Loans?

Buying a home is one of the most important decisions a person will make over the course of their life. Although the foreclosure rate rose drastically in the mid-2000s, and the number of younger Americans buying a home has steadily declined in recent years, the American rate of homeownership remains at roughly 65 percent. Despite […]

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Interest Only VA Loans

VA Home Loan Centers does not recommend, nor guarantee interest only mortgages. Interest only loans are shorter term adjustable rate mortgages where a borrower is not required to make payment on the principal loan amount. An amortized loan calls for the mortgage holder to make payments for both the interest and the principal every payment period. […]

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What is CAIVRS?

In order to secure approval for a loan, an applicant must pass a CAIVRS screening. An acronym for the Credit Alert Interactive Voice Response System, CAIVRS is a database that contains the applicant’s federal delinquency history, created by the federal government. Used to track debtors with overdue payments by authorized employees, CAIVRS reports are compiled […]

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Housing Adaptation Grants

22,676 United States Military veterans are living in this country today. That number continues to increase; some 200,000 active duty personnel make the transition into civilian life yearly, according to the Department of Veterans Affairs.  For many, the time of transition is incredibly challenging, veterans are exposed to unemployment, homelessness and PTSD at far greater […]

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Veteran Disability Exemptions by State

Five-and-a-half million veterans are currently living with a disability. Of those, three-and-a-half million veterans sustained their injury as a result of their military service.  2.9 Million are receiving disability compensation from the government, representing a larger than $36 billion a year expenditure. As a result of 12 years of a continuous wartime, the number of […]

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Homeownership Trends among Young People

Only 16 years ago the number of Americans less than 35 years old burdened by student loan payments was only 23.3 percent. At the time, those with student debt carried an average balance of a paltry $10,000. Today, the same demographic has seen an exponential increase in student debt. 42 percent of young people now […]

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The New FICO Score 9

The 2008 recession hit many Americans hard. Three million plus people were subjected to home foreclosure, a number equaling an 84 percent increase from the previous year and a 225 percent jump from two years prior. Though the country has rebounded in many ways, the post recession fallout is still felt by many. American credit […]

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Veteran Employment Obstacles

Since 9/11 the total number of disabled veterans increased by 25 percent. 2.9 million former military members suffer from a service related disability. A far greater sum when viewed through the scope that the toll combat takes often falls outside of physical injury. In 2012, according to The Department of Veterans Affairs, 30 percent of […]

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Can I use a VA Loan for Vacant Land?

The VA Home Loan is incredibly beneficial to qualified military members. Since congress originally created the GI Bill, the VA loan program has facilitated mortgages for some 18 million-service members who in many cases would not have otherwise qualified for a loan. Today the popularity of the loan continues to increase. This past year mortgages […]

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Armed Forces

John F Kennedy once said “A young man who does not have what it takes to perform military service is not likely to have what it takes to make a living. Today’s military rejects include tomorrow’s hard-core unemployed.”  While times have changed and President Kennedy’s ideals about non-military members may no longer hold the same […]

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Can I have two VA loans?

The unofficial slogan of VA Home Loan Centers is “if you are up to date on your payments, following a short sale, we will get you in a home tomorrow.” Under many circumstances, following a bankruptcy, foreclosure or short sale, a military member may qualify for a second VA loan. Veterans can use their home […]

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