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Our veterans have earned our respect, which includes a number of legal benefits. For a home loan, veterans – and those on active duty – can obtain loans easier with a certificate of eligibility (COE) indicating they can obtain a VA-backed loan and pay no mortgage insurance.
For entrepreneurial types, the SBA Veteran’s Entrepreneurship Act of 2015 reduces the upfront borrower fee to zero dollars for SBA Express loans up to $350,000.
And the Soldiers’ and Sailors’ Civil Relief Act allows members of the military to terminate agreements and gain additional time to honor debts and contracts under certain circumstances.
– Joseph P. Stengel, Partner, Evans Case LLP