Benefits Of Being A U.S. Veteran

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BENEFITS OF BEING A
U.S. VETERAN
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• The U.S. Department of Veterans Affairs continues
  to look after the needs of the nations military
  personnel throughout their careers and
  retirement.

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• Military service veterans are eligible for a host
  of assistance programs from lifetime health
  benefits to low-cost mortgages and educational
  programs.

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VA HOME LOANS
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• Active duty service personnel, veterans and
  eligible surviving spouses can find assistance in
  buying, building or repairing a home for their
  own personal occupancy.

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• While the loans themselves are provided by
  private lenders, the VA guarantees a portion of
  the loan, allowing borrowers to enjoy excellent
  mortgage terms.

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• VA home loan borrowers enjoy favorable rates,
  generally do not need a down payment and are not
  required to carry expensive mortgage insurance.

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• Each veteran qualifies for specific home loan
  benefits based on length of service, service
  commitment and duty status

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• and these benefits can be used on every home
  purchased for the veterans residence from the
  first to the last.

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• VA-guaranteed loans prefer that the borrower have
  good credit and they must have sufficient income
  to cover the mortgage payment.
• That said, your VA Loan Specialist may be able to
  get you qualified even if your credit score is
  low.

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• Cash out refinance loans are also available,
  allowing veterans to take cash out of their
  homes equity for such expenses as college, home
  improvements or paying off other debt.

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GI BILL
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• Active duty or honorably discharged veterans may
  be eligible for this VA-administered educational
  program a true bonanza in this era of
  skyrocketing costs in higher education.

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• GI Bill benefits may be applied to college
  classes or on-the-job training, usually payable
  for up to 15 years after active duty

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• with possible additional benefits including
  monthly housing allowance and stipends for books
  and supplies.

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• Universities and other institutions of higher
  learning that participate in the Yellow Ribbon
  Program

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• may also grant additional education funds
  without extra charges to your GI Bill entitlement.

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LIFE INSURANCE
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• Servicemen, veterans and their families enjoy
  excellent life insurance benefits to cover all
  phases of their career from active duty through
  retirement.

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• Low-cost term life insurance for active service
  members can be converted to a civilian program of
  lifetime renewable coverage after separation from
  service.

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• Spouses are also eligible for this group life
  insurance coverage and dependent children are
  covered at no extra charge.

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HEALTH CARE
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• Veterans enjoy incredible savings on health care
  including unparalleled discounts on medications.

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• With over 1,700 sites, the VA healthcare system
  serves nearly nine million veterans annually

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• providing everything from general health care to
  mental health services, long term care,
  prevention/wellness programs and vaccines.

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PENSION
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• Pension benefit programs for veterans fall into
  two main categories, veterans pensions and
  survivors pensions.

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• 1 The veterans pension is a tax-free monetary
  benefit available to low-income wartime veterans
  at least 65 years of age or disabled.

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• Qualifications include

• At least 90 days of active duty service.

• At least one day of which had to be during a
  wartime period.

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• 2 The survivors' pension benefit is available to
  qualifying low-income non-remarried spouses
  and/or unmarried offspring of deceased wartime
  service veterans.

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DISABILITY COMPENSATION
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• Unfortunately, some military personnel are
  injured during active service.

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• Tax-free compensation is available to those
  veterans whose disabilities are the result of
  injury or disease incurred while on active duty,
  as well as related or secondary disabilities.

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• In addition, Dependency and Indemnity
  Compensation is a tax-free benefit available to
  the surviving spouse, child or parent of military
  service personnel who have died while on active
  duties or from service-related disabilities or
  disease.

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• Mortgage Originator Jimmy Vercellino,
  specializing in VA loans, helps veterans use
  their VA loan benefit to their greatest
  advantage.  

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• For more details call 480-351-5904. Visit the
  site at https//www.valoansforvets.com/va-loan-eli
  gibility/

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VA LOANS FOR VETS 7702 E. Doubletree Ranch Road,
Suite 220 Scottsdale, AZ 85258 Phone (480)
351-5904 Email jimmyv_at_fcbmtg.com
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