A Veterans Administration (VA) mortgage loan is a mortgage loan that is guaranteed by the Department of Veterans Affairs (DVA).
One of the biggest advantages of using a VA loan is that the borrower can finance the purchase of a property with no-money down. However, VA loans are restricted to individuals qualified by military service. The DVA will guarantee the more popular 30-year fixed, 15 year fixed and one year adjustable loan programs.
VA Mortgages
by webmaster on 14. Apr, 2010 in Glossary of Terms, Our Services