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A VA loan is a mortgage for members of the military, veterans and their spouses that allows the borrower to buy a home without a down payment, and often at a favorable interest rate.
Key takeaways. VA loans are available to active-duty military personnel, veterans and surviving spouses who need to finance a home purchase. You must provide a VA-approved lender with a ...
A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA), specifically for eligible active-duty military, veterans and surviving spouses.
A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...
FHA loans are available to any potential borrower who meets the qualifying criteria, while VA loans are only available to active-duty military, veterans and their surviving spouses. You can get a ...
The Veterans Benefits Administration (VBA) is an agency of the U.S. Department of Veterans Affairs. It is responsible for administering the department's programs that provide financial and other forms of assistance to veterans, their dependents, and survivors. Major benefits include veterans' compensation, veterans' pension, survivors' benefits ...
If you’re an eligible active-duty military member, veteran or surviving spouse, you can use a VA loan — guaranteed by the U.S. Department of Veterans Affairs (VA) — to buy a new property or ...
Spouses of veterans gain loan eligibility if: [5] 1. They are unmarried, and their deceased spouse died as a result of service-connected causes. 2. They remarry after the age of 57, and their deceased spouse died while on active duty. 3. They are the spouse of an active duty member who has been missing in action or a prisoner of war for at ...
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