VA Loan

A VA loan is a mortgage backed by the Department of Veterans Affairs, available to eligible service members, veterans, and surviving spouses. This category covers what makes VA loans different: no down payment on most purchases, no monthly mortgage insurance, and generally easier qualifying than conventional financing. You’ll find posts on VA loan eligibility, the certificate of eligibility, the funding fee and who’s exempt from it, loan limits and entitlement, and the VA appraisal process. Plus the VA streamline refinance, and how a VA loan compares when you’re weighing your options.