VA mortgage
Military home financing
A VA mortgage is a home loan guaranteed by the U.S.
Department of Veterans Affairs, available to military service members, veterans, and eligible surviving spouses.
The VA guarantee allows lenders to offer favorable terms—typically no down payment and no private mortgage insurance.
They qualified for a VA mortgage after his discharge from the Army.
- veteranExperienced former soldier
- military serviceDuty in armed forces
- homeOne's personal residence
- loanBorrowed money repaid later
- militaryArmed forces collectively
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- military benefitsVA benefits, military pay, veteran benefits, base pay, health benefits
- veteran benefitsVA benefits, VA loans, veteran benefits, GI Bill, disability benefits
VA mortgageconventional mortgage
Home loan without federal backing
conventional loan · jumbo loan · FHA loan · subprime mortgage
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