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Archive for the ‘Veteran Service’ Category

History of the VA Loan

Tuesday, August 3rd, 2010

A VA loan is a mortgage loan that is guaranteed by the US Departments of Veterans Affairs. The VA loan program assists Veterans who have served in the armed services become homeowners. The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans purchase properties with no down payment.

The Current VA loan mortgage is a byproduct of the Servicemen’s Readjustment Act, more commonly called the GI Bill of Rights, which was passed by Congress in 1944. Harry W. Colmery, a World War I Veteran, wrote the first draft of the G.I. Bill. The G.I. Bill provided college or vocational education for returning World War II veterans, one year compensation for out of work veterans and also provided different loan types to Veterans to buy homes or start business. The G.I. bill provided low interest, zero down payment home loans for serviceman. The G.I. bill was created to prevent a repetition of the Bonus March of 1932, in which World War I Veterans marched on Washington DC demanding payments of their World War I bonuses. The Bonus March was dispersed by the army and the Veterans were not paid.

The G.I. Bill is considered one o the most significant pieces of legislation ever passed by the U.S. Congress. The education benefits opened College education to the masses, in 1947, veterans made up almost half of the nation’s college students. It allowed millions of families to purchase their first homes and moved many families out of urban apartments and into suburban homes and resulted in the suburbanization of the American in the 1950’s and the postwar baby boom. Prior to the war suburbs tended to be the homes of the wealthy and upper class. The G.I. bill effectively created the American middle class that we know today.

The Success of the 1944 G.I. bill prompted the government to offer similar measures to later generation of Veterans. The Veterans Adjustment Act of 1952 offered veterans of the Korean Conflict that served for more than 90 days, similar benefits that were offered through the G.I. Bill. These bills eventually lead to the Veterans Readjustment Benefits Act of 1966. Whereas the G.I. Bill of 1944 and 1952 compensated veterans of wartime service, the new bill extended benefits to Veterans who served in war and peace.

Further acts were passed in Congress in following years. The Veterans Housing Act of 1970 removed all termination dates for applying for VA housing loan and also provided VA loans for mobile homes. The Veterans Housing Benefits Improvement Act of 1978 expanded and increased previous benefits given to Veterans. In 1992, the VA loan guarantee program was enlarged to include Reservists and National Guard personnel who served honorably for at least six years. In association with the VA’s program, the Servicemembers’ Civil Relief Act protects service members from financial woes on their home loan that may occur as a result of active duty commitments, freezing their interest rates at 6%. These acts have allowed Veterans through the years to buy homes when the might not have been able to on their own.

How VA loan officers can show their appreciation to Veteran and Military clients.

Friday, May 21st, 2010

Being in the mortgage industry for the past 8 years I have come to realize that showing appreciation to your clients is a must. If I were running my own company I would even make it mandatory for VA loan officers. If you think about the process of buying a home it would seem like the Broker holds all the cards, but in reality it’s the Solider or Veteran.

The Loan Officer works for them, not the other way around. At any time during the process of completing the application and closing of escrow, the client – if they want – can find someone else to work with. I don’t want to sound like VA loan officers have no value or bring nothing to the table, its just good to understand what my responsibility is – WHICH IS HELPING THE SOLDIER/VETERAN! Without them I cannot put food on the table, but they can still get a VA loan without me.

I hope that did not sound like a rant, I just want to get the point across of how important the Veteran is.

There are many ways that I can show appreciation for Veterans and Soldiers buying homes. Let me list some of what I have done:

1. Give them the service they deserve. When talking with them on the phone or in person be sure to thank them for their military service. Sometimes address them using their Rank – this shows respect. Be prompt in your timelines and expectations.

2. Offer the best rates. Be competitive in the marketplace. Veterans and Soldiers will know if you are giving them higher VA interest rates and higher fees. I’m not suggesting doing the loan for free, but don’t “stick it” to them either. Trying to back pedal after you’ve been “caught” offering a bad deal is not a fun situation to be in.

3. Communicate. This is key. The best clients I have are the ones where I talk with them about the process of buying a home. I always try to educate Veterans or Active Military. Before closing explain to them how the final settlement statement looks and if there are any changes regarding rates, fees etc. NEVER DO A BAIT AND SWITCH!

4. Give them something of value. This is not too much to ask. Something simple like a Home Depot gift card or a house warming gift. The most recent purchase I did was here locally in UT. There were some speed bumps along the way to say the least. At the closing table I brought in a gift basket full of over the counter medicine as a joke. I also had some dish towels for the wife. They did not expect this, but they were very grateful because it was going above and beyond the call of duty.

5. Follow up. After the dust settles and your clients have moved in or completed their refinance, call them and ask how they like their new home or lower monthly payments. Send them birthday cards or Holiday cards.

In order to be successful in this business, you must always show your Veteran/ Active military clients that you care and appreciate them. Before you know it they will be sending referrals to you and that’s when you know you have created a business partner for life.

Traumatic Brain Injury

Monday, May 17th, 2010

Each year the number of US. veterans increase as soldiers returning from America’s most recent wars come home. As the survivors are welcomed home after pursuing a dutiful career serving their country, a new generation of men and women suffering from mild- to severe-traumatic brain injuries (TBI) are greeted with battled medical budgets and flawed TBI technologies, which don’t provide the necessary services and treatments required to improve their newly developed disabilities.

With an average of 1.4 million Americans undergoing some form of TBI, the number of scientists and researchers striving to cure these individuals should be ever increasing, however, dwindling budgets continue to compress and squeeze war-related brain injury funding. In 2006, the U.S. House and Senate slashed the allocated funding for the Defense and Veterans Brain Injury Center (DVBIC) in half from the previous year.
Traumatic brain injury is the “signature” injury of the Iraq war, according to military doctors and experts. It is imperative for struggling soldiers to find assistance with their TBI-related disability.

What is Traumatic Brain Injury (TBI)?

A traumatic brain injury occurs when a person’s brain is physically injured, usually by a sudden force. With military members, this is often the result of a concussive blast or explosion. It can also be caused by falls, motor vehicle accidents, assaults, or any sudden blow to the head.  Because the damage is internal, there may be no visible head wound.

In prior conflicts, approximately 14% – 20% of surviving casualties had a TBI.

What are the Symptoms of TBI?

Every brain injury is unique and symptoms can vary widely.  Damage to different parts of the brain will result in different symptoms.  TBI shares symptoms with other physical and mental health conditions, such as Posttraumatic Stress Disorder, which complicates diagnosis.  Below are some of the symptoms.  Having some of them, however, does not necessarily mean a person has TBI.  Only a doctor can definitively identify and diagnose a TBI.

Common Symptoms Immediately After Injury

  • Being Dazed, confused, or “seeing stars”
  • Not remembering the injury
  • Losing consciousness (being knocked out)

Common Symptoms Later On

  • Persistent headache or neck pain
  • Sensitivity to light and noise
  • Loss of balance
  • Changes in sleep patterns
  • Feeling tired all the time, lacking energy
  • Ringing in the ears
  • Loss of sense of smell and taste
  • Slowness in thinking, acting, speaking or reading
  • Symptoms that may appear to be mental health conditions
    • Sudden mood changes for little or no reason
    • Difficulty managing relationships
    • Chronic anxiety, depression, apathy
  • Short term memory loss
  • Getting lost or easily confused
  • Having more trouble than usual with
    • Paying attention or concentrating
    • Organizing daily tasks
    • Making decisions

In May 2006, the co-founder of the DVBIC testified to a Senate subcommittee that while “body armor may save troops caught in blasts it leaves many with brain damage,” according to a USA Today news report. Additionally, the article cited several disturbing statistics on the state of TBI and war veterans.

· 10 percent of all troops in Iraq suffer from concussions during combat.

· 20 percent of all frontline infantry troops suffer from concussions during combat.

· Scientists believe the Pentagon must screen all troops returning from Iraq.

· The Pentagon has declined screenings for all returning troops and only screens a small population of soldiers.

· If left untreated or untested, multiple head injuries and concussions can cause permanent brain injury.

Also, several equally disturbing statistics have been reported from several specialized journals including Brain Injury, Internal Medicine, Soldiers Magazine, MIT’s Technology Review and Perspectives in Psychiatric Care. These statistics area as follow:

· Nearly 25 percent of all military veterans of the Iraq war are diagnosed with a mental illness.

· War-related TBI patients often manifest distinct personality changes.

· Of the 35,000 soldiers screened for TBI, approximately 11 percent have had symptoms of mild TBI.

· No treatments currently exist to cure long-lasting symptoms of TBI.

While all this information may seem bleak, it is important to note that the majority of individuals who sustain a mild traumatic brain injury will completely recover in a matter of weeks to months.

America is THE Beautiful but this country needs to WAKE UP!

Wednesday, May 12th, 2010

I have always been proud to be an American but seriously the past couple of weeks have really hit a soft spot and I have got to tell you that at times I wonder what in the world is wrong with this country and more importantly those that are making and enforcing our laws.

The video that I am sharing in this blog post is of a group of 4-5 yr old pre-school children performing for their parents.  As I filmed this video I found myself conflicted.  I had a strong feeling of pride as a parent and also as an American living in a great country where we are free to worship how we want and to wear what we want.  At this same time I felt a bit sick to my stomach as I realized I was hearing this at a private school, not a public school!  Do you think our kids can sing a song with the words AMERICA and GOD in it?  There is no way.

In the past week alone on the news I have seen of kids getting kicked out of school for wearing old navy shirts with the American Flag on them.  I have heard of kids of other races, yet still living here and claiming to be American, being allowed to wear shirts with a flag of another country.  I don’t have any issue with diversity and I think others should be able to wear flags from countries of their roots and nationalities, however why the double standard?  It is absolute garbage and in my option one of the major reasons this country is losing its luster!  How about a recent news story where the ACLU is suing the Federal Government for allowing a white cross to be in a national desert?  Here is what the ACLU says…

“Contrary to what some believe,” said Peter Eliasberg, staff attorney at the ACLU of Southern California and First Amendment specialist, “it is not the role of the federal government to advance Christianity or any other sectarian belief. Americans are perfectly competent to make such decisions for themselves without government interference.”

I have to wonder if they would have sued or tried to pull down a monument of the Menorah or perhaps something representing Islam?  I bet the would not have.  Again I am all for religious freedom and freedom of speech, but this double standard in our country is utterly ridiculous.

People need to also realize that they have the RIGHT TO NOT GET OFFENDED SO EASILY.  Political correctness is destroying this Nation that so many are fighting for, have fought for and hopefully will continue to fight for.

Feels good to get this off my chest!

Modern War Heroes – Medal of Honor Recipients

Monday, April 26th, 2010

The Medal of Honor is the highest military decoration awarded by the United States Government.  All branches of the U.S. Military are eligible to receive the medal.  We hope you enjoy the image below.

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Modern War Heroes - Medal of Honor Recipients

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Related: VA Loans available to all active military and veterans.

Why I am grateful for the service of our troops!

Wednesday, April 21st, 2010

I have often wondered why someone would willingly leave behind their families, their friends— basically their life—to serve their country. Why would someone “volunteer” to get deployed for a year or two and put themselves in such danger? A lot of troops serve their country way beyond that time span. Others for their entire life. I have concluded that their bravery, their honor, and their vision and sacrifice for America and our freedom runs deeper than a lot of people can comprehend. I believe soldiers have such a profound gratitude for the freedom of our Nation and their loved ones that they can’t help but serve our country.

I have also tried to imagine what life would be like if we couldn’t enjoy the freedoms we have. What if it didn’t exist in our country? What if we didn’t have men and women who were willing to enlist in the army today? It would be a disservice to those veterans who served in the past, who fought for their lives and freedom with many dying in the process.

I’m in awe when I think of the soldiers who trust in and rely so heavily on those they serve with. Their lives lie in the hands of the person next to them. I’m amazed at the strength and resilience of these forces. Their unity must be a great thing to experience, just as we citizens of our country must be united and take care of each other. We too must do our part.

I believe in Freedom. I believe in the right to choose. I believe in self-government, the right to bear arms in self defense, and free conscience. The right to free speech, a fair trial, and to assemble. I believe in the right to enjoy the fruits of one’s labor and to provide nature’s necessities. I believe in a United Country (hence, the “United States of America”). I believe in our Soldiers to help us accomplish and sustain this. I also deem that we as citizens have certain duties we are held to—both public and private. Such duties include not stealing, being honest in all our doings, abide the laws of the land, to provide for and protect our families, and of course to help those who are less fortunate, in need and sick. We as citizens need to become economically independent. We need to participate in our society, vote, volunteer, and be family-oriented. Doing these things will help our soldiers keep our country strong and standing. They can’t do it alone.

In today’s world it is starting to become more real to me the way our government and economy is going. And I, like many others, have had an awakening of how truly grateful I am for those men and women who are willing to stand and fight those who dare take our liberty and our rights from us. It has taken me a while to understand what independence means to me personally, but I am now forever changed by it. My appreciation for the thousands and millions of troops who serve now and who have served in the past runs deep. We need to show this appreciation more, not just on Veteran’s Day. They need and deserve that.

I am so proud to be an American. We are all truly blessed to live in this great country. Our soldiers, airmen, marines, and sailors are a force for good in the world. This really is the land of the free because of the brave. Let’s not forget that. I am grateful for troops who protect our freedom, who create our freedom, and who support our freedom.

American History Of War And Death

Wednesday, February 10th, 2010

(1775 – 1783) The Revolutionary War

Spawned when the American colonies rejected British Parliament as a suitable government and formed the Continental Army, this revolution was the apex of the colonial up-rise. Originally a conflict between Great Britain and thirteen former British colonies in North America, the war escalated into a global affair and eventually resulted in the independence of the United States of America.

AMERICAN CASUALTIES

WOUNDED: 6,188
DEATH: approx 8,000 in battle plus 17,000 due to disease fallout.

The Revolutionary War

(1812 – 1815) War of 1812

While Britain was already at war with France, they attempted the enforcement of a number of trade restrictions between the US and France, as well as, enacted forceful recruitment of US citizens into the Royal Navy. In addition to these annoyances, the Brits also offered military assistance to the Native Americans to impede colonial expansion into the West. As a response by the United States to stand up against what they believed to be “British insults,” the War of 1812 was fought between the US and the British Empire primarily on the Atlantic Ocean and the coasts of North America.

AMERICAN CASUALTIES

WOUNDED: 4,505
DEATH: 2,260 plus 17,000 due to disease fallout.

War of 1812

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Eligibility: How Do I Know If I Even Qualify?

Thursday, October 8th, 2009

There are some basic rules of thumb―currently on active duty for at least 180 days, 90 days of war service, 180 days of peacetime service before the 1980’s, or 24 months of continuous service after the 1980’s, or 6 years in the Guard or Reserves, or the surviving (un-remarried) spouse of service member who died on active duty or due to a service related disability. Of course these requirements assume an honorable discharge, but disability or hardship discharges are also acceptable. Just because you don’t fit these categories doesn’t mean you aren’t eligible either. There are other categories of acceptability, like cadets of Coast Guard , Military or Air Force Academies, midshipman from the Naval Academy , or officers from the National Oceanic and Atmospheric Administration. I admit I had to look that one up…try Googling NOAA. The complete list of eligibility is hard to find.

Once you think you meet the eligibility requirements you need to get an eligibility certificate. The easiest way is to let your lender file for it electronically, but this only works for those who are in the VA records system. Basically, you have to file VA form 26-1880 with proof of service and mail it to the eligibility center in North Carolina. Unless you are the surviving spouse, then use form 26-1817. I couldn’t find a separate form for the special categories, but you might have to call the VA Loan Eligibility Center at 1-888-244-6711 for more information.

Don’t be overwhelmed; if you have a good loan officer they’ll make it easy. It’s his or her job to know all this, not yours. Next time: Reusing VA eligibility, Can I obtain another VA loan?

Resources: http://www.homeloans.va.gov

Are we Ready for another Military Draft?

Tuesday, September 22nd, 2009

I have often wondered what it would take for the US Military to activate the Draft again.  When I was a kid this was talked about quite often and it always made me wonder what paths I would have take had I been drafted.  The last time the Draft was instituted was from 1948 to 1973.  For more than 50 years, Selective Service and the registration requirement for America’s youth have served as a backup system to provide manpower to the US Armed Forces.  President Franklin Roosevelt signed the Selective Training and Service Act of 1940 which created the country’s  first peacetime draft and formally established the Selective Service Service System as an independent Federal Agency.  From 1948 until 1973, during both peacetime and periods of conflict, men were drafted to fill vacancies in the armed forces which could not be filled through voluntary means.  In 1973, the draft ended and the US converted to an All-Volunteer military.

So what would it take for the Draft to be re-instituted?

I can think of only 2 reasons.

1.  A conflict that becomes so severe that it requires more military than what’s enlisted.

2.  Regardless of conflict – less and less people are volunteering for the military.

Its basically a simple calculation of supply and demand.  Could we ever get to that point like we did back in 1948?  I believe we can.  For example:  The Selective Service System (SSS) and the U.S. Department of Education now are gearing up to compare their computer records, to make sure all men between the ages of 18 and 25 who are required to register for a military draft have done so.  The SSS and the education department will begin comparing their lists on Jan. 1, 2005, according to a memo authored by Jack Martin, acting Selective Service director.  While similar record checks have been done periodically for the past 10 years, Martin’s memo is dated Oct. 28, just a few days before the Nov. 2 presidential election, a hard-fought campaign in which the question of whether the nation might need to reinstate a military draft was raised in debates and on the stump. It took several more days, until Nov. 4, for the document to reach the Federal Register, the official daily publication for rules and notices of federal agencies and organizations. The memo was also produced after the U.S. House voted 402-2 on Oct. 5, against House Resolution 163, a bill that would have required all young people, including women, to serve two years of military service.  Under federal law, a military draft cannot be started without congressional support.  About 94 percent of all men are properly registered for a draft, according to Richard Flahavan, associate director of the office of public and intergovernmental affairs for SSS.

Here are some requirements for registration:

All male US citizens and male aliens living in the US between the ages of 18 and 25
Dual nationals of the US and another country, regardless of where they live
Young men who are in prison or mental institutions do not have to register while they are committed, but must do so if they are released and not reached age 26
Disabled men who live at home and can move about independently.

What happens in a Draft?:

Congress would likely approve a military draft in a time of crisis, in which the mission requires more troops than are in the volunteer military.
Selective Service procedures would treat married men or those with children the same as single men.
The first men to be called up will be those whose 20th birthday falls during that year, followed by those age 21, 22, 23,24 and 25.
The last men to be called are 18 and 19 years of age.

Here are some historical facts from the last Draft:

The last man to be drafted was in June 1973.
Number of Drafted for WWI : 2.8 million
Number of Drafted for WWII: 10 million
Number of Drafted for the Korean War: 1.5 million
Number of Drafted for the Vietnam War: 1.8 million
Source: Selective Service System

So could the state of things in our country cause another Draft?  I stand by my resolve and answer – YES.  GET READY.

10 Freedoms I Enjoy Thanks to the Military

Wednesday, August 5th, 2009

The Military of the United States has helped to maintain the freedoms of our country. Since the Revolutionary War, veterans from the Army, Navy, Air Force, and Marines have shed blood, sweat, and tears to protect the liberties that we hold dear. The following is a list of just ten of the freedoms for which I am grateful that those veterans have protected over the past 233 years. They are listed in no particular order.

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#1 Freedom to worship God how I see fit. This is an inalienable right. One that is guaranteed to us by the Constitution. And while some fight to take away this right, by limiting how or where we may worship, one thing is certain: veterans of the United States have fought to protect our right to worship our God. “In God We Trust” is not a cute tag line, but a mantra that the Founding Fathers lived by.

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#2 Freedom to say what I want to say. Speech is protected by the 1st Amendment. It allows me to write this blog for veterans. It allows me to question those who govern me. Again this is an inalienable right and one which I often over look and will never be thankful enough for.

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#3 Freedom to own a firearm. This is a hot button issue across the country right now. Many veterans and non-vets alike enjoy the freedoms secured by the 2nd Amendment. The right to own a gun is a right meant to ensure that the government cannot hold the country hostage as the British did before the Revolutionary War. Along with our military, organizations such as the NRA, will work tirelessly to ensure that we never lose this freedom.

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#4 Freedom to move. This is a freedom that many people may take for granted. We have the ability to jump on the interstate and drive across the country if we so please. The freedom to move about our own country is not one that is shared universally. Many countries across the world do not allow their citizens to move about as freely a we do.

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#5 Freedom to cause change. In the United States of America we have right and obligation to make changes to the makeup of our government when we disagree with how we are being led. It is our duty to observe how are elected officials represent us, and ,should their values not reflect our own, to oust them from power.

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#6 Freedom of Press. Much like freedom of speech, freedom of the press allows the news to be reported. It also allows blogs like this one to be posted for reading. The press has the responsibility to report the news no matter how damning it may be. The press helps the people to be informed and cause change.

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#7 Freedom to own a home. This freedom may be taken for granted by many veterans and non-vets alike. Because of our due process laws we are able to own our own homes without fear of our government taking it away without compensation.

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#8 Freedom to get an education. We are not limited by our government as to what we can and cannot do with our own lives. Because of the military we are free to be educated as we see fit. As an added benefit to our veterans, programs have been established to help them with their education. The Montgomery GI Bill and other programs such as ROTC has allowed generations of veterans the opportunity to be well educated in the field of their choice.

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#9 Freedom of Entrepreneurship. Thanks to our military’s and its veterans’ efforts, we are able to enjoy the capitalist society that we have. Entrepreneurship is the basic form of capitalism. At its heart, the economy of America rides on the backs of small business owners and the entrepreneurial spirit that they foster.

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#10 Freedom to not live in fear. Perhaps the most underestimated freedom that American have because of our veterans. This freedom was briefly put away after the events of 9/11, however because of the brave men and women of our military Americans once again do not live in fear.