Financial Assistance

St. Vincent de Paul 
Phone: (541) 772-3828
2424 N. Pacific Highway (Hwy 99) 
Medford, Oregon 97501

Salvation Army
Phone: (541) 773-6965
304 Beatty Street
Medford, Oregon 97501

Omni Financial
Omni Financial® is a leader in the military lending market that has offices at most military installations across the United States. Omni also makes military loans available to service members worldwide via their website 24/7. They offer military loans to active duty U.S. service members, as well as career retired members of the Army, Navy, Air Force, Marines, and Coast Guard. The amount provided ranges from $500 to $10,000. The loans have federal APRs that range from competitively low digits percentages to a maximum of 35.95%. Repayment terms range from 6 to 36 months. 

USAA – Personal Loans
United Services Automobile Association works offers current military members, veterans, eligible family members and cadets and midshipmen a variety of financial products and services, such as banking, investment and insurance services and personal loans. USAA personal loans range from $2,500 to more than $20,000 with terms ranging from 12 to 84 months. This type of loan is flexible to meet your needs and get you money quickly. It can also be used to pay off various bills and possibly save on interest charges. 

VA-backed Veterans home loans 
U.S. Department of Veterans Affairs offers VA direct and VA-backed Veterans home loans to help Veterans, service members, and their survivors to buy, build, improve, or refinance a home. The applicants still need to have the required credit and income for the loan amount they want to borrow, but this loan offers better terms than a traditional loan from a private lender. Different types of loans include Purchase Loan, Native American Direct Loan (NADL) Program, Interest Rate Reduction Refinance Loan (IRRRL), Cash-Out Refinance Loan. 

Military Homeownership Program
CHFA (Connecticut Housing Finance Authority) offers several financing options to help current members and veterans of any branch of Military Services, the Army National Guard, or the Air National Guard purchase their first home. The interest rates are below-market, and there is an additional 0.125% off for veterans or Military Service members loans. Other benefits are sales and income limit exceptions in certain areas and down payment assistance. This program is open to unmarried, surviving spouses or civil union partners of a veteran who died as a result of Military Service or service-connected disabilities. 

Homeownership for the Brave program 
Homeownership for the Brave is a home loan offered by Tennessee Housing Development Agency as financial assistance to active duty service members, including the National Guard Veterans (unless dishonorably discharged), reservists with at least 180 days of active duty service, and spouses of qualified service members, reservists, and veterans (including surviving spouses). The benefits include reduced interest rate by half percentage point (0.5%), waive requirements to be a first-time homeowner in all areas of Tennessee, borrow up to 100% of the house’s purchase price with a VA-backed loan or 96.5% with FHA or USDA-RD loans.

Army Emergency Relief
AER provides zero interest loans to active-duty soldiers and their families, as well as military retirees, widows and orphans of soldiers who died on active duty or after retirement, medical retirees and their families and members of the Guard and reserve who have been activated for more than 30 days. 

Military Heroes Fund Foundation interest-free loan
Military Heroes Fund Foundation provides service members, veterans, their families interest-free loans, known as Asset Recovery Kit Loans, as a no-interest alternative to predatory lending for active duty, reserve, and National Guard military. Through Interest-Free Loans, one can borrow up to $500 with a flat fee of $5 and no interest for one month.