Are me and my husband entitled to a house once he has finished training in the army?

are me and my husband entitled to a house once he finishes training in the army or does he have to wait until he has been in the army for 2 years?|||I believe you have to wait until he's been honorably discharged from the army, following the service time he's signed up for.|||yes, you will recieve either on or off post housing. there is usually a waiting list for on post.. so most likely you will live off post. He will recieve BAH which is basic allowance for housing the amount of BAH you recieve is based on the cost of housing in the area, rank and time in service. you can either rent or buy it doesnt matter. the money is yours to do whatever with. You will not have to wait 2 years to recieve BAH. I recommend not living on post becuase you can end up making money out of the deal if you can find cheap rent. He will also recieve an allowance for food which is currently about $320.00.|||Okay, are you talking about housing, or buying a home?





If you are talking about housing, yes, you will either get on post housing or BAH to pay for off post housing. You actually should already be receiving BAH for your location while he's in training.





If you're talking about buying a home, it depends on your credit, but you can get a VA home loan. I don't know if you have to have served a certain amount of time to get it.|||No.





If post housing is available, you might get a house on post. If not, he will be paid a little more to offset the cost of off post housing. In some cases, the offset is greater than the average cost. In most cases, the offset is about equal to the average off post housing.





But no, you are not entitled to a house.|||NO... However what you ARE entitled to is part of the GI Bill, a guarantee on PART of your mortgage. The mortgage guarantee means you will be able to buy a house with NO DOWN PAYMENT instead of the 10% to 20% normally required by a mortgage lender. The GI Bill guarantee is what makes the lender qualify you for a mortgage in spite of the fact you made NO down payment. So the answer is NO, you will NOT get a "free" house, but what you WILL get is a break on a down payment which will get you into a house more easily than a civilian who has the same financial means as you have. There IS a drawback. Your mortgage payment each month will be higher than a civilian who made a down payment on a house selling for the exact same price, as you are borrowing more money than the civilian who paid 20% as a down payment. Borrow more, and you pay more. The guarantee is a BIG thing and will allow you to get a mortgage that others, civilians, will NOT be able to get. Don't go overboard here. Just because you can get a bigger mortgage is not a reason to extend yourself beyond your means. Be careful and stay within your means or you will be one of those deadbeats who are in the middle of the financial crisis and likely to default and go into foreclosure. The guarantee is simply to reassure the lender they are not likely to LOSE money if you go into default. That is NO reason to overextend yourself...





I bought my house, a 3br split level, 20 years ago using the entitlement of the GI Bill. I would not have been able to afford this house otherwise as I had no means to make a down payment. But then, I was going to retire here, having been in the Navy for 16 years before coming to the Pacific Northwest as my final duty station. My advice is to wait and buy when you know you will leave the military, but BEFORE you actually leave the military. Make sure you have employment lined up BEFORE leaving the service. Just because you have an entitlement does NOT mean you are safe from financial ruin, as it only protects a portion of the mortgage to the lender. YOU get zip, nada, nothing... AND you will still owe the balance between what you borrowed and what the amount was that was guaranteed. The GI Bill only guarantees something like 80% of the value, NOT the full amount of the mortgage.|||You will be entitled to home financing (mortgage) under the G.I. Bill. But, nobody is going to "give you" a house.





EDIT: ...and when did I EVER say anything about Montgomery GI Bill. The omnibus package covering veterans benefits is commonly known as the G.I. Bill, which is more than educational benefits.|||if you mean base housing: NO you are NOT entitled to that ever. it is a benefit that MAY be an option for him depending on location, paygrade and bedroom entitlement. wait lists to get into housing can be a year long.. or it can be a week. .





If base housing is not available or an option he will get BAH instead to help defray the costs of living in town.|||they are not going to just give you a house. you have done nothing to warrant them just giving you a house. you can however stay in on-base housing. you live in their housing until you have to transfer commands, in the end you do not own the house.|||Off base housing is not an entitlement, however you may or may not be qualified for govt housing on base. Keep in mind there may also be a wait for it! Here is one of many links for you


http://usmilitary.about.com/od/housingal鈥?/a>|||You will be entitled to housing. If no housing is available on post your husband will get Basic Assistance for Housing (BAH) included in his paycheck commensurate with his duty location.|||there are loans for military families but i would wait because many military jobs are going to be cut and you may have to move around alot-renting may be your best option|||Housing is a benefit, not an entitlement. You'll lean soon enough about the differences.|||no, you aren't entitled to a house. You may get money towards housing but not a whole house.|||could be|||no|||no