VA, or Veterans Administration, is a mortgage loan that is insured by the Veterans Administration. This program is only available to Veterans or the eligible dependents of Veterans. VA sets the service requirements to qualify for a VA backed mortgage loan. A certificate issued by the VA will document your eligibility for a VA insured loan. Some benefits of a VA Mortgage Loans are:
- No down payment required
- No monthly Mortgage Insurance
Contact a local mortgage lender today to learn more.