The latest projection for the 2025Cost of Living Adjustment (COLA)increase is 2.7%. This adjustment will be reflected in VA disability compensation rates starting from December 1, 2024, with paymentsbeginning on January 1, 2025. However, there has been a slight decrease in the2025 COLAprediction...
The Rep for Vets has been assisting veterans increase their VA disability rating by assisting them with the VA claims process for decades.
Understanding the VA Disability Increase for 2024 For veterans who have served our nation with honor and dedication, the Department of Veterans Affairs (VA) provides vital support through disability… Navigating 2024: Understanding Potential Changes in VA Loan Requirements As we step into the new year...
Today’s low rates impact the affordability of being a homeowner. A lower rate on your mortgage gives you two advantages. One, it means you increase your buying power — you can afford the payments on a bigger or nicer home. Two, you have lower monthly payments leaving you with more mone...
Adjustable-rate:An adjustable-rate mortgage, or ARM, is a bit riskier, as rates change with the market. ARMs typically come with better initial interest rates and access to lower rates if the market improves. However, market volatility means your rate can also increase. Fortunately, VA ARMs ...
A Disability Benefits Questionnaire (DBQ) is a form a doctor uses to explain a diagnosis to the VA and describe how it may qualify for disability compensation.
Additionally, with adisability rating increase, veterans are potentially eligible for a veterans disability tax refund on taxes paid based on the old rate. Generally, this applies if the determination is retroactive or if the veteran is granted Combat-Related Special Compensation following an award of...
The Department of Veterans Affairs is considering offering easier access to disability benefits to airmen in the nuclear missile community.
insurance and HOA fees are the responsibility of the borrower. Other exclusions apply. Refinancing either to lower the monthly payment or change from a variable-rate to a fixed-rate loan could result in an increase in the total number of monthly payments and interest charges paid over the full...
Other factors can also increase the monthly benefit. The table below shows some examples.Individual FactorsMonthly Benefit Additions The veteran had a 100% disability rating for a minimum of eight years, during which you were married. Eight-year provision benefit of $342.46 per month. The veteran...