Main entry page for the VA Loan Guaranty Service.
Why choose a VA loan? · You can receive up to 100% financing, 2 · which means low or no down payment on your home purchase. Sellers can pay most loan costs in the purchase agreement (up to 4% of the reasonable value of the property). Choose a fixed or adjustable interest rate. 1 · There is no private mortgage insurance (PMI) or penalty for prepayment. A few things to consider3 · Veterans can borrow up to $2 million at 100% when full VA entitlement is available. Loans are available for pu...
(Contact information is online at:https://www.benefits.va.gov/homeloans/contact_rlc_info.asp) See more frequently asked questions in Appendix H: FAQs and Common Issues. 5 Outline of the VA...
For more information, contact a VA regional loan center at 877-827-3702 or visit the Home Loan website at www.benefits.va.gov/HOMELOANS/contact_rlc_info.asp.
VA News - https://news.va.gov Vet Resources eNewsletter - https://www.va.gov/VetResources For additional information about VA home loans, visit - https://www.benefits.va.gov/homeloans...
For additional information about the VA Loan Guaranty Program, please visit our website at: http://www.benefits.va.gov/homeloans 6 STEPS IN ARRANGING A VETERAN’S GUARANTEED LOAN 1. Find...
Veteran · Service member · Current or former activated National Guard member · Current or former activated Reserve member · Current member of the National Guard or Reserve who has never been activated · Discharged member of the National Guard who was never activated · Discharged member of the Reserve who was never activated · Surviving spouse of a Veteran who died on active duty or who had a service-connected disability
How does a VA direct home loan work? · With a VA direct home loan, we serve as your mortgage lender. This means you’ll work directly with us to apply for and manage your loan. The Native American Direct Loan (NADL) program often has better terms than a home loan from a private lender (a private bank, mortgage company, or credit union). Find out if you qualify for a NADL ; How does a VA-backed home loan work? · With a VA-backed home loan, we guarantee (or stand behind) a portion of the loan...
In 2023, VA backed 400,695 loans totaling nearly $145 billion.1 ; The American population is composed of nearly 20 million Veterans and Service members.2 ; 16% of recent home buyers were Veterans and 2% were Active-duty Service members.3
To view VA’s maximum guaranty amount for your property location, check out the current list of county loan limits at www.benefits.va.gov/homeloans. Funding Fees. Generally, Veterans using...