Veterans Administration (VA) Mortgage


Definition
Mortgage that is available to veterans of the United States Armed Forces and guaranteed by the Veterans Administration. This type of loan offers a lower down payment requirement than most standard mortgages and comparable interest rates. This is possible because banks know that the loans are backed by a federal agency. Spouses of veterans are also able to acquire VA mortgages even if the veteran is deceased.

Related Terms

certificate of eligibility -  More

loan origination fee -  More

Related Personal Finance Articles

Loading...

Veterans Administration (VA) Mortgage in the news

Loading...

Veterans Administration (VA) Mortgage is ...

... part of the Lending & Credit and Real Estate subjects.

Search volume for Veterans Administration (VA) Mortgage

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z