AAFMAA Blogs

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A lot of people ask AAFMAA Mortgage Services LLC (AMS) which benefits (if any) they would reap by paying a little more toward their mortgage payment each month. The simple answer is that it really depends on their individual situation and how that’s likely to change in the coming years. Plus, it depends on the interest rate and original terms of the loan. Financial Dashboard, Military Lifestyle, Mortgage Loan Originator, Construction Loans, Home Equity, Interest Rate, Mortgage Payment, Investment Portfolio, Wealth Management
Should I Pay Extra on My Mortgage Each Month?
A lot of people ask AAFMAA Mortgage Services LLC (AMS) which benefits (if any) they would reap by paying a little more toward their mortgage payment each month. The simple answer is that it really depends on their individual situation and how that’s likely to change in the coming years. Plus, it depends on the interest rate and original terms of the loan.
two people sitting at a table with papers and pen in front of them, the text reads
Understanding Power of Attorney for Life Insurance
It’s a common practice to create a Durable Power of Attorney (POA) that designates someone who can act on your behalf when/if you are unavailable or incapacitated. For servicemembers and Veterans, this is an especially important part of financial planning. On the other hand, a General POA will allow an agent to make transactions while you are alive and ends when you become incapacitated.
Leaving the military is challenging for multiple reasons. Not only are many servicemembers leaving what could be considered their first full-time job, but they have also undergone dramatic changes while serving and may find it difficult to start a new career in the civilian sector. Many Veterans move to a new location after leaving the service and have to start over, but, this time, without the support of the military. There are ways to prepare for this transition, and while it likely won’t be easy, these tips can make the process go more smoothly. Military Retirement, Career Fields, Air Force Veteran, Military Spouse, New Location
4 Tips to Help You Prepare for What Comes After Your Military Transition
Leaving the military is challenging for multiple reasons. Not only are many servicemembers leaving what could be considered their first full-time job, but they have also undergone dramatic changes while serving and may find it difficult to start a new career in the civilian sector. Many Veterans move to a new location after leaving the service and have to start over, but, this time, without the support of the military. There are ways to prepare for this transition, and while it likely won’t be easy, these tips can make the process go more smoothly.
As an active-duty military family that is constantly on the move, you need efficient turnaround when purchasing or refinancing your home. So, it’s important to work with a mortgage professional you trust before engaging in a real estate contract. AAFMAA Mortgage Services LLC (AMS) Military Mortgage Advisors (MMA), also known as mortgage loan originators, are licensed loan officers who understand the unique needs of military borrowers. They guide military members through the homebuying and/or refinancing process, including loan documentation, purchase and sales contract review, and other time-sensitive elements. Real Estate Contract, Mortgage Process, Home Purchase, Mortgage Loan, Mortgage Tips
Top 3 Financial Behaviors that Can Hurt a New Home Purchase or Refinance
As an active-duty military family that is constantly on the move, you need efficient turnaround when purchasing or refinancing your home. So, it’s important to work with a mortgage professional you trust before engaging in a real estate contract. AAFMAA Mortgage Services LLC (AMS) Military Mortgage Advisors (MMA), also known as mortgage loan originators, are licensed loan officers who understand the unique needs of military borrowers. They guide military members through the homebuying and/or refinancing process, including loan documentation, purchase and sales contract review, and other time-sensitive elements.
a man and woman in uniform standing next to each other
Celebrating Military Homeowners (and Buyers!) This Month
Every June, as we celebrate National Homeownership Month, we thank AAFMAA Members for letting us serve them and we remind you that if you’re thinking about buying, if you may need to refinance, or if you want to withdraw cash from your home equity, AAFMAA Mortgage Services LLC (AMS) Military Mortgage Advisors, also known as Mortgage Loan Originators, are standing by to help.
a group of people standing next to each other
Types of Life Insurance Riders and Options to Know About
Sometimes life insurance alone isn’t enough. A lot can happen in the course of your life, and you or your family may incur unexpected expenses. That’s where life insurance riders come in.
As a military spouse with frequent relocations and unpredictable schedules, you face unique challenges when it comes to building and maintaining a career. However, with the right strategies, you can overcome these obstacles and find meaningful employment. Air Force Families, Face Unique, Career Exploration, Mentorship Program, Family Reading
5 Tips to Boost Your Job Search as a Military Spouse
As a military spouse with frequent relocations and unpredictable schedules, you face unique challenges when it comes to building and maintaining a career. However, with the right strategies, you can overcome these obstacles and find meaningful employment.
two men in blue shirts are standing next to each other
Agent Orange Exposure: Tips for Getting Your Claim Approved
The Department of Veterans Affairs (VA) provides benefits to servicemembers and their families who were harmed by Agent Orange exposure. However, many Vietnam War Veterans and their families have reported long wait times for their claims to be approved, having claims denied, or having to fight to get benefits they are entitled to. If you have had issues with your Agent Orange-related claim, here is information to help get it approved.