Tag: va
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About VA ( Veterans Affairs) Home Loan
VA home loans are ones guaranteed by the U.S. Department of Veterans Affairs. They were created by the government in 1944; since then, more than 24 million VA loans have been originated, helping veterans, active duty military members and their families purchase or refinance a home. fact The fact that these loans are backed by…
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First-Time Home Buyer Loans and Programs
Becoming a homeowner can be a financially intimidating process, but there are several options from lenders and government sources designed to smooth the way. Qualified home buyers can secure loans with low down-payment minimums and participate in local buyer assistance programs. While a larger down payment (or even an all-cash offer) can make you a…
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Department of Veterans Affairs (VA) Home Loan
All About Department of Veterans AffThe Department of Veterans Affairs (VA) Home Loan program guarantees loans made to eligible Veterans, Servicemembers, Reservists, National Guard members and certain surviving spouses. VA guarantees a percentage of the loan. This helps the Veteran obtain a no-down payment mortgage at a competitive interest rate that does not require private…