VA mortgages make it easier for a veteran to get the funds to buy a home. The biggest selling point for VA loans is that they do not always need down payments.
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You’ll need a Certificate of Eligibility (COE) before you can get a VA-backed loan. This section shows how you can apply for one.
Since 1944, the VA Loan Guaranty program has helped eligible veterans, surviving spouses and active duty servicemembers both buy homes and refinance them with access to affordable home loan financing and low downpayment hurdles.
Dr. Susan Angell, director of VA’s Homeless Veterans Initiative, was recognized for her work to help end Veteran homelessness at the Partnership of Public Service’s Samuel J. Heyman Service to America Awards.
A VA loan doesn’t require mortgage insurance, like Federal Housing Administration and conventional loans do with less than a 20 percent down payment.
President Obama and Republican challenger Mitt Romney will speak next week to the American Legion’s national convention in Indianapolis, but only Romney will be there.
The VA guaranteed home loan is a beneficial program guaranteed by the US Department of Veterans Affairs (VA) to enable qualifying veterans to obtain a new mortgage or refinance an existing one.
One of the nation’s biggest banks — JP Morgan Chase — admits it has overcharged several thousand military families for their mortgages, including families of troops fighting in Afghanistan. The bank also tells NBC News that it improperly foreclosed on more than a dozen military families.