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.