What is a VA Home Loan Mortgage
A VA Loan is a home loan mortgage that is made
available to Veterans by the Veterans Administration.
- VA will allow veterans to purchase a home with no down payment (100% financing)
- VA does not actually fund the loan, they simply guarantee the loan for the investors.
- VA will gurantee a loan up to $203,000 for eligible veterans.
- VA will allow unmarried surviving spouse of veterans to obtain a VA home loan.