Definitions for "VA MORTGAGE"
Related Terms:
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A mortgage loan on approved property made to a qualified veteran by an authorized lender and guaranteed by the Department of Veterans Affairs to limit possible loss by the lender.
MP] A mortgage with no down payment requirement, available only to ex-servicemen and women, on which the lender is insured against loss by the Veterans Administration.
a home loan, provided by a mortgage lender, guaranteed by the U
a loan form a bank which is used to acquire the listings along with an original down payment
The Department of Veterans Affairs has made guaranteed mortgages available through banks and other lending institutions, to active military personnel, veterans, or spouses of veterans who died of service-related injuries.
A mortgage that is insured by the Veteran’s Administration. Should the property be foreclosed, the VA will pay off the lender.
A loan that is guaranteed by the Department of Veterans Affairs, and made within their guidelines.
Mortgage guaranteed by the Department of Veterans Affairs and made available through banks and other lending institutions. Reserved for active military personnel, veterans, or spouses of veterans who died of service-related injuries.
A mortgage that is guaranteed by the Department of Veterans Affairs (VA). Also known as a government mortgage.
A VA mortgage is guaranteed by the Department of Veteran Affairs and is available for military personnel, veterans, or spouses of veterans who died of service-related injuries.
A residential mortgage made to an eligible military veteran. The loan is guaranteed by the Department of Veterans Affairs to protect the lender against loss in the event of default. [] Go to: | | | | | | | | | | | | | | | | | | | | | X | Y
A mortgage guaranteed by the Department of Veteran Affairs and only available for military personnel, veterans, or spouses of veterans who died of service-related injuries. Because the loan is guaranteed, it requires little or no down payment.
A mortgage on which the lender is insured against loss by the Veterans Administration. The major advantage of a VA mortgage is that the required down payment is very low, and maximum allowable loan amounts are higher than on FHA loans, but only veterans are eligible.
A mortgage that is guaranteed by the Department of Veterans Affairs. Veterans Administration is an independent agency of the federal government created to administer a variety of benefit programs designed to facilitate the adjustment of returning veterans to civilian life. The VA home loan guaranty program is designed to encourage lenders to offer long term, low down payment mortgages to eligible veterans by guaranteeing the lender against loss.
A loan backed by the Veterans Administration. It requires very low or no down payments and has less stringent requirements for qualification. Members of the U.S. Armed Forces are eligible for the loans under certain qualifying conditions. Back
A program that allows Veterans of the Armed Services to purchase homes with little or no down payment.
Funding Fee A premium of up to 2 percent (depending on the size of the down payment) paid on a VA-backed loan. On a $75,000 30-year fixed-rate mortgage with no down payment, this would amount to $1,406 either paid at closing or added to the amount financed.
A mortgage, of which only Veteran's are eligible, where the lender receives a guarantee to reduce loss from the Veteran's Administration (VA). The major advantage of a VA mortgage is that the required down payment is very low, and maximum allowable loan amounts are higher than on FHA loans.
Residential mortgage loans made to Veteran borrowers under the VA's loan guaranty programs.
Vacancy Factor