Veterans Affairs (VA) Loan Advice
What is a VA Home Loan?
Veterans, service members, and certain military spouses can get a VA loan with no money down.
Private lenders, such as a mortgage firm or a bank, make VA loans, which are backed by the US Department of Veterans Affairs (VA).
The VA home loan was established by the US government in 1944 to assist returning service veterans in purchasing homes without requiring a down payment or having excellent credit.
More than 25 million VA loans have been guaranteed under this historic program, assisting Veterans, active service military members, and their families in purchasing or refinancing a house. For more information you should contact Prescott mortgage companies.
VA Home Loan Requirements
Apply now to find out how this impacts you:
- You’re the spouse of a Veteran
- you received an other than honorable, bad conduct, or dishonorable discharge
- How you can still apply although discharged.
- Income loan requirements to receive financing
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