Our best. Our finest. Our veterans. God bless you for your service to our freedoms and way of life. The original Servicemen’s Readjustment Act, passed by the United States Congress in 1944, extended a wide variety of benefits to eligible veterans. The VA loan guarantee program was especially important to veterans. Under the law (as…

How long until your children need your financial help? (Notice I didn’t ask “if”)… -Estimates of over 31% unemployment…6 million new unemployment filings last week… Some Parents have significant reasons to let their kids flounder. Others? We want to be prepared to be in a good place for this emergency to help those we love.…

Interesting word. ar•bi•trage är′bĭ-träzh″ noun The simultaneous purchase and sale of equivalent assets or of the same asset in multiple markets in order to exploit a temporary discrepancy in prices. Arbitrage, as applied in debt management, is used to take advantage of market differences (rates of interest, interest structure, investment returns, timing, etc).   For…

According to recent statistics, over 10,000 Americans turn 62 each day. In addition, 40% of them (4,000/day) are still paying off one or more mortgages. In 1987 Congress authorized (a friendlier word than “directed”) the Federal Housing Administration to create a federally insured reverse mortgage program. The reason was clear-on one extreme, Retiree’s needing capital…

If you’re over 62 and you own a home with or without an existing mortgage? Be ready to help your children. Layoffs, furloughs, expenses…it’s coming. Draining your investments to get the cash they need is impractical. Qualified funds are not tax free if you withdraw the money. Opening a bank HELOC compels you to mandatory…