Shocking VA Home Loan Secrets: Act Now to Unlock Record-Breaking Rates and Benefits
What Are VA Loans? Eligibility, Benefits & How They Work VA loans are mortgages guaranteed by the U.S. Dept. of Veterans Affairs. The VA does not lend money itself; it guarantees a portion (up to 25%) of private loans for eligible veterans, reducing lender risk. This guarantee lets lenders offer favorable terms: no minimum credit score is set by VA (though lenders have their standards), no down payment is required, and no PMI. Borrowers pay a one-time funding fee (0.5–3.3% of the loan) to fund the program veteransunited.com; disabled vets and certain survivors pay $0 fee. To qualify, you (or