Question for military bees who bought a house

posted 3 years ago in Military
Post # 3
5222 posts
Bee Keeper

@LMD:   have you two considered using a VA home loan? I think you have to have at least 6 month of service before you’re eligible, but it could be something to consider!  The VA offers a lot of really great incentives as far as interest rates, downpayment options and waiving certain fees depending on your service connection.


I would ithink that military service would still be considered employment- since he will be getting paid by the Department of Defense during that time.

Post # 4
3618 posts
Sugar bee
  • Wedding: October 2013

@LMD:  from what I have heard it is not considered unemployment 🙂 

Post # 6
1793 posts
Buzzing bee

He is either in the Army Reserves or the National Guard, but not both – they are separate components.

The lender should not look at this as a period of unemployment as he will be drawing a paycheck while he is gone and he should be on a leave of absence from his regular employment while he is at Basic Training.

It shouldn’t cause a problem for him.

Post # 9
805 posts
Busy bee
  • Wedding: May 2014

National Guard & Reserve Member

Gulf War

8/2/1990 – Present

90 days of active service

  • Six years of service in the Selected Reserve or National Guard, AND

    • Were discharged honorably, OR
    • Were placed on the retired list, OR
    • Were transferred to the Standby Reserve or an element of the Ready Reserve other than the Selected Reserve after service characterized as honorable, OR
    • Continue to serve in the Selected Reserve

Post # 10
1793 posts
Buzzing bee

@LMD:  I’m not trying to be a pain but he is either in the Maryland Army National Guard, (or Air Guard if he is going through Air Force basic training) OR he is in the US Army Reserves.  The National Guard is NOT the Reserves.  I spent 26 years on active duty with the Army National Guard (not a traditional one weekend a month Soldier, it was my federal active duty job 24/7).


Post # 12
1793 posts
Buzzing bee

You are getting there!  It is NEVER correct to say Maryland Army National Guard Reserves.  He is in the Maryland Army National Guard.  He belongs to the reserve component of the Army.  That has 2 branches – the Army National Guard and the US Army Reserves.

So, the Army is like Dad, and the Army National Guard and the US Army Reserves are like brothers – not the same, but in the same family.

Is he a reservist?  Yes because he belongs to one of the two reserve component organizations.  Is he in the Reserves?  NO!  He is in the Maryland Army National Guard.  I was in personnel and supply/logistics my entire career.  Trust me, just tell people he is in the Army National Guard and you are golden!

Post # 14
1793 posts
Buzzing bee

Glad it helps. My husband was beyond awesome at learning all the lingo and figuring out the food chain.  The more you understand from the ground up the easier the military life will be for you!

Post # 15
305 posts
Helper bee
  • Wedding: December 2013

@LMD:  It’s possible Xerox may be willing to pay the difference in salary. When my dad was called to active duty and his pay there was less than what the chemical company paid, so they covered the difference. Not all companies do this, but some do!

Post # 16
1190 posts
Bumble bee

@LMD:  It’s not unemployment, FHA should support it. Also, you can get a VA home loan too! I’m not sure of details into buying a home that soon into the military, but it’s a great perk for soldiers.

I know he does not need to wait 6 years in the reserves to use the military home loan.

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