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What is a VA Loan?

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What is a VA Loan?

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The VA home loan has allowed more than 29 million veterans and service personnel to buy a home with VA financing.

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Administered by the Department of Veterans Affairs, these special loans make housing affordable for U.S. veterans. To qualify you must be a veteran, reservist, on active duty, or a surviving spouse of a veteran with 100% entitlement. A VA loan is simply a fixed-rate mortgage with a very competitive interest rate. Qualified buyers can also use a VA loan to purchase a home with no money down, no cash reserves, no application fee and reduced closing costs. Some states allow a VA loan for refinancing as well.

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Administered by the Department of Veterans Affairs, these special loans make housing affordable for U.S. veterans. To qualify you must be a veteran, reservist, on active duty, or a surviving spouse of a veteran that died with a service-related injury and had 100% entitlement. A VA loan is simply a fixed rate mortgage with a very competitive interest rate. Qualified buyers can also use a VA loan to purchase a home with no money down and no cash reserves. Your VA regional office can tell you if you are eligible for this VA benefit.

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Administered by the Department of Veterans Affairs, these special loans make housing affordable for U.S. veterans. To qualify you must be a veteran, reservist, on active duty, or a surviving spouse of a veteran that died with a service-related injury and had 100% entitlement. A VA loan is simply a fixed rate mortgage with a very competitive interest rate. Qualified buyers can also use a VA loan to purchase a home with no money down and no cash reserves. Your VA regional office can tell you if you are eligible for this VA benefit.

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Administered by the Department of Veterans Affairs, these special loans make housing affordable for U.S. veterans. To qualify you must be a veteran, reservist, on active duty, or a surviving spouse of a veteran with 100% entitlement. A VA loan is simply a fixed-rate mortgage with a very competitive interest rate. Qualified buyers can also use a VA loan to purchase a home with no money down, no cash reserves, no application fee and reduced closing costs. Some states allow a VA loan for refinancing as well. Many lenders are approved to handle VA loans. Your VA regional office can tell you if you’re qualified.

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