VA Loans

VA Loan (Department of Veteran Affairs)

There are certain qualifications you have to meet in order to qualify for a VA loan (typically at a minimum you must be a veteran or an active member of the US armed forces). But, if you do, you can enjoy lower closing costs and the possibility of no down payment. VA loans are similar to FHA loans in that the VA guarantees your loan (i.e. insures it).

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