Mortgage Sense

What is a VA Loan?


Veterans Affairs loans, aka VA Loans, help veterans and active duty service members buy a home while taking advantage of some pretty significant benefits.  A VA Loan is a government-based mortgage product guaranteed by the US Veterans Administration.  President Franklin D.  Roosevelt signed the loan into law back in 1944 to help military service members returning from World War II realize the American dream of homeownership.  

The main benefit of a VA Loan remains as simple today as it was three-quarters of a century ago:  If you qualify, a VA Loan will provide veterans and/or their surviving spouses with 100% financing. 

Continue reading What is a VA Loan? at Movement Mortgage Blog.

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