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Housing

Here Are Your 2021 Basic Allowance for Housing Rates

January 6, 2021 by Military Benefit Guide

Defense officials have revealed that beginning in January 2021 the Basic Allowance for Housing rates will rise by 2.9 percent for service members, on average. The increase in BAH does not guarantee you will see that exact rate increase.  However, if a particular area you are in happens to see a decrease in the BAH rate, you won’t see a decrease if you are already living … [Read more...] about Here Are Your 2021 Basic Allowance for Housing Rates

The VA Will Cover Late Mortgage Payments Under This Plan

December 17, 2020 by Military Benefit Guide

Has the Coronavirus impacted your ability to pay your mortgage?  If so, you could soon have your past due payments covered by the VA, giving you years to slowly repay them back. The Department of Veterans Affairs recently announced a proposal to help 60,000 veterans who are behind on their loan payments. To do this, the VA plans to cover missed payments on VA mortgages … [Read more...] about The VA Will Cover Late Mortgage Payments Under This Plan

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