Service to our country as a U.S. Military man or woman is the ultimate sacrifice. That’s why USMHAF takes your home ownership so seriously–and it is why we offer services that help you get 100% Free Gift Funds for closing costs.

People often ask us, on Facebook and via email, if USMHAF helps with financial planning, life insurance, and other services related to finances. While we help with Real Estate and VA Loans, we are not a financial planning company. Nevertheless, we want to make sure ALL soldiers have the opportunity to get the help they need.

USMHAF is a leading blogger on the issues facing the military community and its families, and is well aware of the uncertainties our active and veteran service members are feeling at this time ­ particularly from the threat of downsizing. While USMHAF may not be able to service your job and financial needs, there is a wonderful association run by military men and women for soldiers and veterans. If you’re looking for services that we don’t provide, check out AAFMAA and get the facts.


We sync’d up with AAFMAA’s marketing coordinator to get the scoop on AFMAA at a high level, here’s what she had to say:

“AAFMAA has continuously provided members low-cost life insurance and superlative survivor assistance, including expedited death benefit payments, securing all Government benefits available, preparing government and insurance claims for the bereaved families of our members. Supporting the military family doesn’t end at the death of the military member, AAFMAA continues to support the deceased member’s spouse and minor children by informing them of all new or untapped Government benefits. ” -Kara Carlson, AAFMAA

While USMHAF isn’t affiliated with AAFMAA, we encourage you to take a moment and check this wonderful association out for the range of services they provide.

Whatever you’re looking for, closing cost assistance (with USMHAF) or financial services that extend outside our services (with someone like AAFMAA), make sure you choose to work with people who put your family and interests first.


What is an Adjustable Rate Mortgage?

Adjustable Rate Mortgage?

Adjustable Rate Mortgage? What is it?
credit: cali on flickr

Should you get an adjustable rate mortgage?

It depends. When buying a home, there are plenty of mortgage options — adjustable rate mortgages, fixed rate mortgage, interest only mortgage, and more. Today, however, we’ll focus on the Adjustable Rate Mortgage (ARM).

What is an adjustable rate mortgage?

An ARM is a mortgage where the interest rates can change. The rates fluctuate depending on what is happening in the greater economic landscape — usually ARMs allow for an annual interest rate change. This change is determined by the Treasury Bill Index.

“Okay, that kind of make sense, but what are the benefits of an Adjustable Rate Mortgage?

In general, Adjustable Rate Mortgages (ARM) can allow for lower rates in the short term–which means lower payments. This is especially good if you are planning to sell or payoff your loan within the initial term. You can generally qualify based on the initial rate which is usually lower than a fixed mortgage, so sometimes you can qualify for more money.

“This sounds amazing! Sign Me Up” (CONS)

Hold on, it is important that understand both sides of story. Let us explain.

The are pros and cons to everything. For Adjustable Rate Mortgages (ARM), the negatives are as follows. When the initial term is up the rate goes to market: usually a margin of something like 2.25% + LIBOR (right now that isn’t bad at all because its something like 2.92%). Yet there is a lot of uncertainty and your rate can go up usually to a cap of 7% or 8% (5% plus the margin or 5% over the initial rate, though this depends on the specifics).

To summarize, with an ARM it is more than likely that you’ll be paying a different rate every year. While this can be a great thing, it also means that your rate can balloon up significantly in one year.

What should I do next?

Our blog is here simply to inform you, not to give financial advice. However, if you’re a Veteran or active U.S. Military man or woman–please contact us using the form on our front page, and we’ll get back to you as soon as possible. We may be able to help you not only simply your mortgage process, but you probably qualify for FREE Gift Funds that can eliminate closing costs!

Free Clossing Costs Gift Fund Information
VA Loan Calculators
Retired Marine & Double Amputee Carried By Wife In Beautiful Family Photos

Retired Marine & Double Amputee Carried By Wife In Beautiful Family Photos

Earlier this month, photography company Shutterhappy Photography posted a photo with the simple caption, “Cutest.Couple.Ever! Thank you, Sir, for your service and sacrifice!”

The image has since gone viral. With over 9k Likes on Facebook, thousands of shares on other social networks, and countless comments, the image is a hit.

amputee soldier marine

amputee marine

Pictured above is Kelly Cottle, 24, carrying her husband– a retired, double-amputee Marine. The Marine, Jesse Cottle, has a story that is both hard-to-hear and neccesary to hear. Read the full story here:

Join us in THANKING this soldier, and EVERY soldier who has given their lives, limbs and comfortable lifestyle back home to protect the freedom of our nation.




USMHAF supports military men and women, and their families. We set out to create an infographic that helps you understand a little bit more about our community of soldiers. “The State of The American Soldier” is an infographic that takes a look at American soldiers in 2012-2013. Please join us in supporting soldiers everywhere by sharing this infographic on your blog or website (embed code is provided below).

2013 State of The American Soldier

Thank you to every soldier for their sacrifices and commitment to a free and safe America!

Embed on Your Website

Adam and Michele

Dear MHAF,

We would like to thank you all for making home ownership possible for my wife and I. I served in the U.S. Army for 9 years and spent 16 months in Iraq where I was injured in combat from a mortar attack where I received shrapnel to my head and body. I spent years in and out of the VA hospital trying to recover from these injuries. Most of my life was spent on the road traveling and moving from place to place because of the military.

United States Military Housing Assistance

Finally with the help of MHAF my wife and I have been able to “set roots” in one place. We were able to purchase and build our first home that we now enjoy so dearly. Having a place to call home certainly helps with recovery. Thank you MHAF for making this dream a reality.

Adam and Michele