VA (Veterans Affairs) Loan

A VA loan is a mortgage program available to eligible U.S. military service members, veterans, and their families, backed by the Department of Veterans Affairs. It offers benefits such as no required down payment, competitive interest rates, and no private mortgage insurance (PMI). The loan process is often more flexible than traditional loans, with easier qualification criteria. This program aims to help veterans and service members achieve homeownership with favorable loan terms and reduced financial barriers, making it an attractive option for those who qualify.