Veterans Day Insight

Yes, it’s true that I served in the military. I went through basic training right after junior year of high school…

“Split-Ops” is what they called that. It’s split because I had to go back and finish the remainder of my training after I graduated high school. In total I spent 5 years in the Army Reserves; until I was medically discharged earlier this year due to being diagnosed with my Type 1 Diabetes. Medical discharges are treated as “honourable discharges” so I got to keep all of my benefits, but couldn’t claim disability because T1D was not caused by the military

I joined the army at 17 because I saw myself going down a path that I knew wasn’t right. I was hanging out with the wrong people, and doing the wrong things. All normal teenage stuff to a degree, but still not okay. I told my parents that I wanted to join and they struggled with it for a while before signing the papers to give their child to the US Government. It was probably the best decision they, and I ever made. I really contribute going through the army training as to why I am the way I am today. It instilled discipline, integrity, work ethic, and undying perseverance. It literally built the framework to how I operate as a person in business today.

I don’t often talk about my time in the service with business colleagues. Not because it’s not something I am ashamed of or anything like that, but more so because I don’t want people putting me on a pedestal. I don’t deserve the accolades. However, being a veteran in business has actually been very beneficial. I have access to a lot more financial assets. Things like the TSP (Thrift Savings Plan), VA loans, memberships at Tinker Federal Credit Union, and MUCH more. VA loans are probably the most widely-known benefit among civilians and service members alike. I scoured the VA’s website for a while and found some pretty insightful information on how veterans can have easy access to money when going to purchase homes. 

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Here is an excerpt directly from the VA’s website: 

(https://www.benefits.va.gov/HOMELOANS/purchasecashout.asp

“VA Home Loan Advantages

The guarantee VA provides to lenders allows them to provide you with more favourable terms, including:

  • No down payment as long as the sales price doesn’t exceed the appraised value.
  • No private mortgage insurance premium requirement.
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs may be paid by the seller.
  • The lender can’t charge you a penalty fee if you pay the loan off early.
  • VA may be able to provide you some assistance if you run into difficulty making payments.

You should also know that:

  • You don’t have to be a first-time homebuyer.
  • You can reuse the benefit.
  • VA-backed loans are assumable, as long as the person assuming the loan qualifies.”

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I would like to say that I am no hero. I say that because I really didn’t do much in the service. I went through the training. I was separated from my family and friends for months at a time while going through it. However, after all of that was done, I never had to be put in that situation again. I never went overseas on deployment. I never had to be face to face with the enemy fighting for my life none of that. Also, I am no hero because there are so many more veterans and service members that have sacrificed WAY more than I ever could imagine. They’ve sacrifice more time away from their families, time from themselves, limbs, mental health, and even made the ultimate sacrifice. Those are the true hero’s. They should also be remembered as such, and deserve the utmost respect; no matter what your political views are. 

In all, THANK A VETERAN TODAY!

Thanks,

Josiah Dettmann

Tulsa Titan

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