VA Loan will be ineligible for a Funding Fee Refund if…
Update
On June 23rd, 2022 a new circular Circular 26-22-12 added to Circular 26-22-02, published on January 6. Circular 26-22-12 is crystal clear, the update pertains to pre-discharge eligibility for VA benefits.
If the service member is active duty and has a pending pre-discharge disability claim with the VA, they may be risking
Benefits of Saving Money as a Family
Whether your family is just you and your partner, a family with children, or a multigenerational household, all families have short-term and long-term financial goals.
A highly effective way to ensure financial stability within your household is by learning how to save as a family. Learning how to save as a family can establish healthy spending and savings habits that can result in financial stability.
Saving as a family encourages healthy
Comparing Snowball Method and Avalanche Method to Pay Off Debt
Paying off all your debt can seem like an impossible task, especially if you can only manage to pay the minimum required amount each month. Fortunately for you, there are multiple strategies to help you pay off that balance. Two of these strategies are the snowball and avalanche methods. Learn about each method to decide which one will work best for you.
Using the snowball method to pay off debt
The larger
How to Start Saving for Retirement
Many people dream about the day they can retire. Whether you’re early in your career, closer to the traditional retirement age, or would like to retire early, you will need to have a substantial amount of money saved to maintain your current standard of living when you officially leave the workforce.
Do you know how much money you’ll need to retire?
If you’re like the majority of Americans, you don’t know the
How to Start and Build Your Emergency Fund. The Benefits of Being Financially Prepared.
If your car unexpectedly broke down tomorrow, and you were faced with a $1000 repair bill, would you be able to pay the total amount from your savings? If your answer is No, you’re not alone. Sixty-one percent (61%) of Americans would be unable to cover an unexpected $1000 expense with their savings, according to a Bankrate.com survey.
The best way to prepare for these financial bumps in
2023 Conforming Loan Limits
Circular 26-22-18
Today I want to talk to you about a new circular that dropped for the VA. It is circular number 26-22-18, and it is about the new Federal Housing Finance Agency 2023 conforming loan limits.
Now, if you have your full entitlement available, this won’t affect you. Generally speaking, the conforming loan limits determine whether or not your