While AAFMAA Mortgage Services (AMS) first launched in mid-2016, the company has seen its most successful month in February with the launch of business in two states – Maryland and Connecticut. As of today, AMS provides affordable mortgage products for the military community in North Carolina, Florida, Virginia, Maryland and Connecticut. In 2017, AMS will obtain licenses in additional states. Of course, we will keep you posted as we expand even further.

This fall, AAFMAA launched a program that enables military spouses to purchase life insurance policies. Previously, access was limited to the actual Member, the servicemember. Read more about our Spouse Purchase Initative (SPI) and take a look at some media attention surrounding the program.

Conventional wisdom dictates that a person doesn’t need life insurance if no one else depends on their income. While mostly true, there are many reasons why you should have small life insurance policies for your children and grandchildren. Read more on the advantages of insuring the young lives you love the most.

Many AAFMAA members have asked us about the “new” retirement system, which was approved by Congress in the 2016 National Defense Authorization Act. This is the first major change in military retirement since World War II and its impact is significant and important for the military and the nation. Read more about the plan specifics, which will affect those who join the military in 2018 and beyond.

Military families can avoid losing money by understanding the four primary risks involved with the home purchase process. Knowing the most common ways homebuyers spend more than they should is the first step toward avoidance, so read the full article for the list and details.

Increases in short-term rates lead many military families to replace "no-ceiling" HELOC debt with 30-year fixed-rate loans from AAFMAA Mortgage Services. Read the full article for a more in-depth explanation of interest rate changes, and how refinancing could save you thousands in mortgage payments.  

On Saturday, September 17th, AAFMAA hosted the 6th Annual DAV MSO event at its Reston, Virginia campus. Whether or not you attended the event, you may have missed out on one of the four presentations given for people waiting on their one-on-one appointments. If so, access the slides right here.