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Jerald Reichstein
Entrepreneur and Developer of Military Family Websites
Joined: August 10th 2015
Over the years I've created many websites with my partners that deliver valuable information to retired and active duty military personnel and their families. These sites help them understand their veteran benefits, live financially responsible lives, and stay informed on a variety of veteran topics. Industry partners and advertisers have included Army Reserve, Air Force Reserve, Jeep, Military Channel and VALoans.com. Our current portfolio of sites includes MilitaryRates.com and MilitaryHub.com.
My Company
Military Rates
Military Rates and our sister site, Military Hub, are the central locations for all the military resources and information, news and updates, advice and commentaries you'll need to best to manage and create every aspect of your military life, and leverage all the military benefits available to you.

Our sites offer you access to the information that allows you to make better money management choices, to budget wisely and use military discounts, to build wealth and save money with the best military banking products designed for today, and for creating a solid military retirement.

Building wealth and saving money may not seem like military goals, but consider the DoD statement: financial readiness means being full secure that you are leveraging your military salary to best support your military family today, and prepare for your military retirement in the future.

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My Activity
Jerald Reichstein answered a question
Answered 2 years ago
Can I get a second mortgage if I my current mortgage is a VA loan?
Anonymous User Asked:
I have been paying on my VA loan for three years now and want to add a pool. The pool company has referred me to several lenders that originate 2nd liens. Will a VA lender allow this type of financing?
Jerald Reichstein Answered:
According to Chapter 9 of the VA Lender's Handbook it may be possible to get a second mortgage on a home purchased with a VA loan under the right conditions. In all cases the lender of the second mortgage would hav to subordinate that debt, which... (more)

Jerald Reichstein answered a question
Answered 2 years ago
Part of my VA eligibility is remaining. Can I use it to buy a second home?
Anonymous User Asked:
I am currently an active duty service member and used some of my eligibility to buy my first home. I received a permanent change of station to another city and want to know whether I can buy another home there utilizing my remaining eligibility.
Jerald Reichstein Answered:
If your basic VA loan entitlement has not be used up by a first home loan then it is available to be used on another mortgage. A veteran can have more than one VA loan as long as the total loan amounts (the sum of your first and second loans) does... (more)

Jerald Reichstein answered a question
Answered 2 years ago
Can I use my VA loan eligibility to buy a home that includes 12 acres of land?
Anonymous User Asked:
I am a retired veteran and found a single family home that I'd like to buy using my eligibility. The listing agent told me that the property for sale sits on 12 acres of land. I have been informed that the VA guidelines would allow me to do this... (more)
Jerald Reichstein Answered:
The VA has no acreage limits as long as the property is not producing income. The problem most associated with large acreage sites is that these properties are generally in rural areas with large lot size variances and little in the way of sales... (more)

Jerald Reichstein answered a question
Answered 2 years ago
Why didn’t the VA recognize my 2 years of Standby Reserve to receive VA home loan eligibility?
Anonymous User Asked:
I served 4 years in the National Guard and an additional 2 years of Standby Reserves. I applied for my certificate of eligibility and was denied for not enough time in service.
Jerald Reichstein Answered:
The official Veterans Administration website states that six years of service is the minimum requirement before Guard or Reserve members will be considered eligible.

Jerald Reichstein answered a question
Answered 2 years ago
Can I get a refund of the VA funding fee?
Anonymous User Asked:
I was charged a VA funding fee at closing that was financed into the loan. At the time of application, my paperwork had been submitted to the VA for a minimum 10% disability which would have exempted payment of the funding fee. The status could not... (more)
Jerald Reichstein Answered:
Yes. You can either send in the request to the VA regional office in your area or get your lender to help you with this process. Make sure you include proper documentation to avoid delays.

In most cases the funding fee will be refunded to your... (more)

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