Updated 8/24/17; Originally published 8/11/15 The City of Killeen began in 1882 with a population of 350 as a railroad junction between Temple and Lampasas. The city was named for a railroad executive Frank Patrick Killeen, who not only was not from the area, but never even stepped foot in the town that was his […]
Budgeting Your BAH in Fort Hood, TX
Updated 2/22/18; Originally published 10/27/16 Takeaways Budget from monthly payment, not home price. Don’t forget to also budget for utilities, and maintenance costs when buying. A local recommended lender is your best point of contact for current rates, preapproval and more. Not interested in the hit or miss on post housing? Curious about buying instead […]
Everything You Need To Know About the VA Loan
Takeaways Are you eligible for the VA loan? Use it! Advantages / Pros The VA loan boasts numerous advantages to those who are eligible. The main advantages are the 0% down payments and lower interest rates compared to alternatives. VA loans also don’t require mortgage insurance, which can add $100 or so to a monthly […]
How the VA loan can Trap Homeowners
Updated 8/9/16, originally published 8/2/15 Takeaways The VA loan is a fantastic loan option for Fort Hood service members, but it is not a blank check. Plan ahead, budget and have an exit strategy, even if it is your “forever home” (situations change) Talk to a Realtor – especially when buying from a builder – […]