MCAS Cherry Point and Marine Corps Base Camp Lejeune are the military installations in this area. 

MCAS Cherry Point and Marine Corps Base Camp Lejeune are the military installations in this area. 

Hello all. I am currently stationed in California but my hometown is Jacksonville, FL. I currently have 50k to play with and was wondering should I wait till my next duty station in 1.5 years and save some money up. N...

@Jacob Greenhoe I use Al Stewart from Michigan State Federal Credit Union (you do not need to be an alum) they give loan amounts down the the low 10s I believe.Let him know I sent you!

As with investing near any Military post you have to be aware that when a unit deploys that means vacancy!

Landlords will owe tenants three times the deposit amount, plus 5% interest, plus attorney’s fees, plus other court costs, unless they do all of the following: Put the security deposit into a bank account The bank must be in MassachusettsThe account must earn interestThe account must be under the tenant’s name and social security number only, with landlord as signatory (specifically, a landlord-tenant account)Note: credit unions are not banks (we are looking for the case, but it was Western Housing Court circa 2001)Within 30 days of signing the rental agreement, give a receipt that lists The name and location of the bankThe amount of the depositThe account numberEach year, Pay interest Either 5% or the actual amount of interest received (if less than 5%)Either cash or check or deducted from the rentGive an annual statement that lists basically all the same information again The name and location of the bankThe amount of the depositThe account numberPlus the interest earnedWithin 30 days of the end of tenancy, Pay all interestProvide an itemized list of damages This list must be signed by the landlordThe form must say “Signed under the pains and penalties of perjury”Receipts, invoices, or photographic evidence are required for each deductionNo deduction can be made for damaged items identified at move-inReturn the original deposit plus remaining unpaid interest less damagesAny single failure of any bullet point or part of a bullet point above will entitle the tenant to receive three times the amount of the deposit.

Listening to one of the BP podcasts, I heard portfolio loans and credit unions offer more flexible financing so I went to my local credit union and talked to them. 

I've seen a little better (~4.7%) from a Credit Union near me.

Typical banks will not take a mortgage on these units because the property remains in possession of the corporation.The only lender that I know of is the Atchison Village neighborhood credit union.

I am a military member being re-assigned from California to Virginia.