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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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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.
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.
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.
The VA Home Loan Program has helped over 18 million veterans and active duty service members achieve homeownership since 1944. After over 65 years of service, the VA Home Loan Program remains one of the most progressive lending programs on the market continually striving to offer military members exclusive benefits they wouldn’t be able to find with other conventional lending programs.
With mortgage rates at historic lows, Veterans and military personnel continue to use the Department of Veterans Affairs (VA) home loan program in record numbers to purchase a home or refinance their existing loans. “Home ownership is one of the foundations of the American dream,” said Secretary of Veterans Affairs Eric K. Shinseki. “VA is honored to administer a benefit that for two-thirds of a century has profoundly affected the lives of our Veterans, our military Servicemembers, and their families.”