What is a VA Home Loan?
A VA Home Loan is a unique type of mortgage loan in the U.S. guaranteed by the United States Department of Veterans Affairs (VA). A VA Home Loan is meant to offer long-term financing to veterans and surviving spouses who wish to purchase homes.
The home buying process is very challenging when you have little to no information and/or experience. Furthermore, mortgage guidelines are constantly changing and often defy common sense. There are many things you need to know to make the entire process seamless and easy. If you are a veteran looking to buy a home, this article is for you. Below are 5 things veterans need to know when buying a home.