Learn all about VA loans, including their purpose, benefits, and eligibility. Find out how veterans and active military can take advantage of this option.
A VA home loan is a mortgage option backed by the government that is available to eligible veterans, military service members and surviving spouses. Borrowers can use VA loans to buy or build a new home or make improvements to their current residence. Refinance options for existing VA loans and non-VA loans are also available. The VA loan program was originally created by the U.S. government in 1944 to put homeownership in reach for returning service members. Eligible veterans who may not have h...
A VA loan offers many attractive benefits for eligible homebuyers. Learn about the benefits of VA loans, who qualifies and the steps to securing one.
Landing page with resources and links to information for VA home loan guaranty lenders
For more details about this new update and its impacts, visit this FAQ in VA News and Circulars: Calendar Years 2021 to Present – VA Home Loans. More information on the VA Home Loan...
Great information on VA Loans…..
Key takeaways ; VA loans are mortgages guaranteed by the U.S. Department of Veterans Affairs, available to eligible veterans, active-duty service members and surviving spouses. ; VA loans can be used to purchase or build a primary residence, refinance a current mortgage or cover renovation costs. ; VA loans offer several benefits, including no required down payment, no mortgage insurance and often competitive interest rates.
A VA home loan is one of the most useful military benefits. Find the information you need about your VA loan benefits.
VA-backed home loans ; Loan types · Eligibility · How to request a COE · Request a COE online · Surviving spouse programs · Check your COE status · Check claim, decision review, or appeal status · Request a decision review · VA help to avoid foreclosure · Warning about refinancing offers · Funding fee and closing costs · Home loan limits · Find VA-acquired properties · Buying a home with a VA-backed loan · Guidance on natural disasters
Fixed and adjustable rate terms are available. ; Little to no down payment is required. ; Fixed loan terms range between 15 and 30 years.