VA Loan product can help veterans achieve the dream of homeownership. A VA home loan is guaranteed by the United States Department of Veterans Affairs. The product is for American veterans, military currently serving in the U.S. military and honorably discharged veterans. Down payments are not required.
These loans are issued by private lenders and guaranteed by the U.S. Department of Veterans Affairs (VA).
These loans help veterans and active military purchase homes without needing a down payment or excellent credit.
A mortgage lender that offers a VA home loan program will help you obtain this type of loan.
You will be required to get a Certificate of Eligibility from VA to prove to the lender that you are eligible for a VA loan.
Most veterans and active duty service members are eligible and must meet certain requirements.
VA loans are available to surviving spouses of military members who died in the line of duty.
A lender can verify eligibility.