This is not a blog about base housing. Instead our current market today is greatly influenced by the military. Before the G.I. Bill after WW II the housing market was very different. People went to banks and sat down with a banker.

Usually they knew the banker. They usually put down 40 -50 percent. The loans were for 10 -15 years tops. The whole process was very dependent on your relationship with the banker. It was a very subjective process.

The G.I. Bill changed all that. The bill created the environment we are in today. It made for 30 year loans. It set the standard for 20 percent down. It introduced insurance on Mortgages. It created obviously the VA loan. In addition it started to create the standards for credit scores we use today

So as many changes in medicine and technology come out of military necessity and invention so did many of our current housing rules