Veteran Administration (VA)
Veteran Administration (VA) is a type of mortgage loan guaranteed by the US Department of Veteran Affairs that is available to the eligible US service members. It is designed to provide housing and assistance to those who have served the country.
It is issued by federally qualifies lenders and guaranteed by US Department of Veteran Affairs. VA ha upfront funding fee but this fee can be financed into the loan, and even with $0 down payment, there no mortgage insurance expense added to the monthly payment. VA also has the mortgage option to upgrade the home you are purchasing or refinancing.