Homeownership “Need to Knows” for Military Families
Active duty military mother hugs her three daughters in front of their home. Image used in the 2015 UF/IFAS Extension Calendar. Credits: UF/IFAS.
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Keywords

home ownership
military personnel

Categories

How to Cite

O’Neill, Barbara, Martie Gillen, and Kristen Jowers. 2024. “Homeownership ‘Need to Knows’ for Military Families: FCS3390/FY1532, 1/2024”. EDIS 2024 (1). Gainesville, FL. https://doi.org/10.32473/edis-fy1532-2024.

Abstract

This publication discusses general information about home buying, military-specific housing decisions, military-specific home buying, and home-buying tips for military families. Written by Barbara O’Neill, Martie Gillen, and Kristen Jowers, and published by the UF/IFAS Department of Family, Youth and Community Sciences, January 2024.

https://doi.org/10.32473/edis-fy1532-2024
view on EDIS
PDF-2024

References

Consumer Financial Protection Bureau. (2022). What is a Debt-to-Income Ratio? https://www.consumerfinance.gov/ask-cfpb/what-is-a-debt-to-income-ratio-en-1791/

Department of Defense Office of Financial Readiness. (n.d.-a). Amortizing Loan Calculator. https://finred.usalearning.gov/ToolsAndAddRes/Calculators/Loan/calculator/Amortizing-Loan

Department of Defense Office of Financial Readiness. (n.d.-b). Housing Calculators. https://finred.usalearning.gov/ToolsAndAddRes/Calculators/Housing

Federal Trade Commission, U.S. Department of Defense, & Consumer Financial Protection Bureau. (n.d.). Buying a Home - Active Duty. https://www.militaryconsumer.gov/spend/your-home/buying-home-active-duty

Freddie Mac. (n.d.). Glossary of Terms. https://myhome.freddiemac.com/resources/glossary

Friedman, R. A. (2023). Not Your Grandparents’ VA Loan. The Wall Street Journal. https://www.wsj.com/articles/v-a-mortgages-3bddb71b

Lightfoot, L. (2022). Geobaching Through the Holidays. https://blog-brigade.militaryonesource.mil/2022/12/06/geobaching-through-the-holidays/

Military Housing Assistance Fund. (n.d.). Closing Cost Assistance for Military and Veteran Families. https://usmhaf.org/

Military OneSource. (2022a). The Department of Veterans Affairs Home Loan Basics. https://www.militaryonesource.mil/transition-retirement/transition-to-civilian-life/the-department-of-veterans-affairs-home-loan-basics/

Military OneSource. (2022b). Use These 10 Calculators to Answer Your Biggest Home Financing Questions. https://www.militaryonesource.mil/housing-life/off-base-housing/use-these-10-calculators-to-answer-your-biggest-home-financing-questions/

Navy Federal Credit Union. (2023). Military Choice Loan. https://www.navyfederal.org/loans-cards/mortgage/mortgage-rates/military-choice-loan.html

OneOp. (2023). Military Home Buying Basics and VA Loans. https://oneop.org/learn/142466/

Pioneer Service Foundation. (2004). Personal Finance for Military Families. https://bookshop.org/p/books/personal-finance-for-military-families-pioneer-services-foundation-presents-inc-pioneer-service/8711137

Strochak, S., Choi, J. H., & Goodman, L. (2020). The Impacts of Military Service on Homeownership and Income. Housing Finance Policy Center. https://www.urban.org/sites/default/files/publication/101495/the_impacts_of_us_military_service_on_homeownership_and_income.pdf

U.S. Department of Veterans Affairs. (2023). VA Housing Assistance. https://www.va.gov/housing-assistance/

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