Breaking News

What Is A VA Loan?

A VA home loan is a program offered by the Federal Department of Veterans Affairs for those who have served in the military or are currently serving.

Although they do not provide the money for these loans, they guarantee the loans made by private lenders. This guarantee makes it possible for veterans to purchase a home without a down payment and to negotiate mortgages at lower rates.

It can also be used to refinance a property that was purchased under the VA program. Home loans for veterans under the VA program can also be used to purchase specially adapted properties for veterans that have service-related disabilities.

The program can also help Native American veterans to purchase property on tribal-held land.