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The Servicemembers Civil Relief Act (formerly called the Soldiers' and Sailors' Civil Relief Act of 1940) (codified at 50 U.S.C. §§ 3901—4043) is a United States federal law that protects soldiers, sailors, airmen, marines, coast guardsmen, and commissioned officers in the Public Health Service and National Oceanic and Atmospheric Administration from being sued while in active military ...
The Post-9/11 Veterans Educational Assistance Act of 2008 is Title V of the Supplemental Appropriations Act of 2008, Pub. L. 110–252 (text) (PDF), H.R. 2642, an Act of Congress which became law on June 30, 2008. [ 1] The act amended Part III of Title 38, United States Code to include a new Chapter 33, which expands the educational benefits ...
Yes, active-duty military members qualify for VA loans. According to the U.S. Department of Veterans Affairs, you can qualify after serving for 90 consecutive days without a break in service. That ...
A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...
Let’s say you’re a first-time homebuyer planning to take out a VA loan for $340,000. With no down payment (or a down payment of less than 5 percent), the funding fee would be 2.15 percent of ...
WASHINGTON -- President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a ...
DOD Tuition Assistance. DOD Tuition Assistance is a US Department of Defense (DOD) program that fund higher education programming for US military servicemembers who wish to attend college before their service obligation ends. Currently, DOD TA funds servicemember's college tuition and fees, not to exceed $250 per semester credit hour or $166 ...
A credit score of at least 620 (the VA has no minimum credit score requirement, but many lenders typically set one) A debt-to-income (DTI) ratio of no more than 41 percent. In addition, unless you ...