March 2015
M T W T F S S
« Jan    
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2345678
9101112131415
16171819202122
23242526272829
3031  
March 2015
M T W T F S S
« Jan    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Overseas Jobs for Veterans

eBenefits.Va.Gov

WHY OVERSEAS JOBS ARE A VIABLE OPTION FOR SOME VETERANS

After back-to-back tours in Iraq and/or Afghanistan, many Gulf War Vets would never think of returning overseas as a contractor. That’s certainly understandable. Yet, you might be surprised to learn that thousands of men and women who have served in Operations Iraqi Freedom and/or Enduring Freedom are actively seeking overseas jobs. If you’re a veteran and are weighing the advantages of returning overseas as a defense contractor, continue reading for the straight scoop.

JOBS OUTLOOK FOR RETURNING GULF WAR II VETS (IRAQ & AFGHANISTAN)

While the U.S. jobs market is showing gradual signs improvement, the unemployment rate for Gulf War II-era veterans remains significantly higher than the national average. No doubt, as veterans begin to find jobs the rates will gradually improve, but it will take time. Working overseas offers veterans the chance to (1) “ride out” the worst of the recession, (2) earn an excellent salary and (3) ease their transition to civilian life. It can be reasonable alternative to looking for work in their home town during a recession!

The employment data for returning Gulf War II-era veterans is sobering. Not only do transitioning veterans have the misfortune of re-entering the civilian workforce in the midst of a protracted recession, their jobs outlook is challenging. Accepting an overseas job with a U.S. company supporting operations in Afghanistan, Kuwait or Iraq offers many veterans an opportunity to avoid the depressed U.S. jobs market while earning a lucrative salary. eBenefits.Va.Gov

EMPLOYMENT DATA FOR RETURNING GULF WAR II VETERANS

The data outlined in the U.S. Bureau of Labor Statistics’ January 6, 2012 employment report is revealing. In December, 2011, 13.1% of Iraq and Afghanistan veterans were unemployed, compared to a national civilian unemployment rate of 8.5%. In all, over 248,000 Gulf War II veterans were out of work. Among younger Gulf War II veterans (18-24 years), one in three (32.2%) were unemployed. Also discouraging, the employment rate for female Gulf War II veterans was 16.8%, almost double the national rate. Finally, recently separated Gulf War II veterans earned an average of $10,000 less per year than their civilian counterparts. eBenefits.Va.Gov

THE POTENTIAL ADVANTAGES OVERSEAS JOBS OFFER VETERANS

U.S. employers often find it difficult to translate military experience into civilian job skills. That’s not the case with Defense contractors. They speak the veteran’s language. Veterans already know what to expect; they’ve “been there, done that.” Chances are, they worked around contractors during their tour(s) and already know they can handle the hardships. Defense contractors value veterans’ ability to develop and execute a plan. They know that veterans exercise good judgment under challenging conditions and are committed to their assignment.

Working as an overseas contractor can ease veterans’ transition into the civilian job market, plus give them the chance to pay off bills or build a nest egg. Most overseas contractors earn $80,000 to $150,000 per year. Plus, $91,500 of their annual earnings are exempt from federal taxes if they remain outside of the U.S. a minimum of 330 days per year. Overseas contractors typically receive up to 30 days paid R&R leave per year, plus airfare. eBenefits.Va.Gov

FOR SOME VETERANS, ACCEPTING AN OVERSEAS CONTRACTOR JOB IS APPEALING

Happy to finally be home, many Gulf War II veterans have no desire to return overseas. That’s certainly understandable, and we owe them a collective debt of gratitude for their service. Yet, for 1000’s of transitioning veterans, the prospect of working overseas is appealing on a variety of levels. They won’t find themselves alone. Overseas defense contractors rely heavily on veterans to fill their ranks. For many Gull War II veterans, accepting a job with an overseas contractor represents a viable alternative. eBenefits.Va.Gov

Our Qualifications – Experience Matters

Stephen J is the developer and editor-in-chief of Overseasjobsource.com. As a senior human resources/recruitment professional, he has directed the start-up of six major US overseas programs and managed the deployment of over 6,500 US civilian contractors. Overseasjobsource’s exclusive Overseas Jobs Database connects members to over 590 US companies who routinely offer overseas contract jobs. Overseasjobsource provides the tools, techniques and professional advice needed to conduct an effective overseas job search.

Article Source: http://EzineArticles.com/?expert=E._Stephen_Jones

A Basic Overview of the Veterans Administration Home Loan Program

eBenefits.Va.Gov

The Loan Guaranty Services of the United Stated Department of Veterans Affairs offers a guaranty program for veterans seeking loans for home building or purchase. The program provides assistance to veterans to enable them to retain and buy homes through a government partial guarantee of the loans. This Veteran Administration Home Loan guarantee is often made in lieu of a substantial down payment which is helpful to those who cannot afford making the down payment. As part of a veteran support program there are several eligibility requirements that need to be fulfilled to receive coverage from the program. Veterans and other qualified individuals may check with their local VA offices or through VA loan program experts if they are eligible to receive a loan under the program. eBenefits.Va.Gov

How the Program Works

The main idea behind the program is that the government, through the Veterans Administration, guarantees or “stands behind” the loan so that if the borrowers can no longer make the payments, the lender can goes to the VA to cover any loses caused by the loan. The loan itself does not come directly from the government but the system makes VA loans for veterans possible for those without the means to provide the often substantial down payment, or who would not be approved for a loan without the backing of the VA. eBenefits.Va.Gov

Advantages of the VA Loan

The primary advantage provided by the Veterans Affairs home loans program is that a veteran can buys a home without down payment, since the price of the property does not exceed the apprised value. Closing costs are also reduced because of the limits imposed by the VA and can also be paid for by the seller depending on negotiations of the sale price. No penalty fees can also be charged to the borrower if the loan is paid of early. And finally, the VA may be able to provide some assistance if the veteran has some difficulty making payments. eBenefits.Va.Gov

A VA home loan does not require the veteran to be a first-time home buyer and the benefit can be reused and the loans itself are assumable by person that is qualified. There is no maximum loan amount or the VA but there is a maximum amount of that can be guaranteed depending on the location of the property. VA approved lenders decide if the prospective veteran borrower through calculating the debt to income ration of the borrower or doing a residual income calculation. Asking the VA-approved lender is one best way to learn how large a loan a particular veteran can qualifies for.

www.Valoandesk.com offers loan for veterans. For more details you can visit: Veterans Administration Home Loan and VA Loans for Veterans.

Veterans Home Loans: Regular Purchase

eBenefits.Va.Gov

Veteran Home Loans offer a veteran up to 100% of the cost of a home. This means that a veteran does not have to make payment out of his own pocket. He simply has to prove his eligibility to avail of these government loan benefits by producing certain required documents. He must present a letter issued by the defense department certifying that he has a certain number of years of service with the U.S. Military. This is called a Certificate of Eligibility. It will also state that the veteran has conducted himself honorably during the tenure of his service and that his discharge from the U.S. Military service was on regular grounds. The following persons also qualify for this type of veteran loan:

• Surviving spouses.

• Service members who have been on active duty. This includes officers of the public health service who were commissioned for duty, including those who work in the National Oceanic and Atmospheric administration.

• Reserve and National Home Guards who had to perform active duty. eBenefits.Va.Gov

The entire process of applying for Veteran Home Loans is simple. The first step is to get in touch with a professional lender who will examine your documents and establish your eligibility including the fact that the government loan that you are planning to apply for is for the home where you will be living in. Of course, it goes without saying that the cost of the unit that you plan to purchase must be equal to or more than the amount of loan that you are applying for. Besides he will also examine your income statement which should reveal that you would be able to comfortably meet the monthly-equated installments and have sufficient balance in your income after the monthly repayment to run your home easily as well as to meet all minor eventualities. eBenefits.Va.Gov

Some of the special benefits of the Veteran Home Loans for the veterans are summarized below-

1. They can borrow up to maximum limit of $417,000.

2. This veteran loan program does not require any initial payment from the veteran.

3. The US Govt will establish certain limits to the amount of closing costs and origination fees that the lenders charge, as well as their fees. These limits will be usually in favor of the borrowers.

4. The borrower is absolved from having to pay the cost of private mortgage insurance.

5. These Government Loans could be finalized within 1 week to 10 days.