Archive for the 'Military' Category

Military housing shows resilience

April 14th, 2010

Written by Frost Mortgage

Military housing (subscription required) has been dented by the economy, but not as badly as the civilian sector, National Mortgage News reports. Moody’s Investors Services downgraded nine of 23 housing developments at bases around the country, largely the result of declining credit ratings of surety providers.

The news highlights the fact that, if you’re in the service, now’s a great time to capitalize on some of the benefits. As we mentioned recently, for instance, the homebuyer tax credit is about to run out for most of us, but military personnel will have an extra year to take advantage of it.

If you’re an active-duty service member or a veteran, please contact us today. We’re long-time supporters of those who serve our nation, with expertise in Veterans Administration loans as well, and we would be proud to assist you as you look for funding for your next home.

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Homebuyer tax credit extended for military personnel

March 31st, 2010

Written by Frost Mortgage

The homebuyer tax credit is about to run out for most of us, as we recently mentioned. Military personnel, however, will have an extra year to take advantage of it.

You can read more about the conditions at the National Realtors Association’s blogs and via the Internal Revenue Service itself, or you can contact us today. We’re long-time supporters of those who serve our nation, with expertise in Veterans Administration loans as well, and we would be proud to assist you as you look for funding for your next home.

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