Absolutely. Our experienced loan officers understand the unique challenges that military families face. We can help you decide what you can comfortable afford.
As you do the math to understand your financial situation (our mortgage calculators can help), be aware that housing allowances are available to servicemembers and their families to help cover your costs. Contact your Relocation Assistance Program office and explore the Defense Travel Management Office website for additional information about housing allowances, family separation and dislocation allowances, relocation and travel allowances and advances to cover moving expenses.
The easy answer is: the earlier the better. Generally, though, if you’re buying a new home at your new location, you’ll want to start arranging financing about 2 months before your move. Military.com has a series of checklists that can help you prepare for all aspects of your move, not just the financial concerns.
No. However, you may want to explore DPS—the Defense Personal Property System—as and option in helping you move. Developed by the U.S. Department of Defense, U.S. Transportation Command and the Military Surface Deployment and Distribution Command, DPS provides significant moving benefits, including giving you the full replacement value of any lost or damaged goods.
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