make america great again (12) open america again (2) open businesses again (2) sales my products online (2) best va mortgage broker fort lauderdale (1) best va mortgage broker plantation (1) best va mortgage broker deerfield beach (1) best va mortgage broker tamarac (1) best va mortgage broker oakland park (1) best va mortgage broker wilton manors (1)
A VA loan is a mortgage loan option that requires a $0 down payment. This type of loan is for Veterans, service member, and their spouses. VA loans are not issued by the government, instead, they are issued by private lenders such as mortgage companies of a bank and are guaranteed by the U.S. Department of Veteran Affairs.
The VA loan was established in 1944 by the U.S government to help military service members purchase or refinance a home once they returned home. This program facilitates homeownership for veterans who may not have perfect credit or enough money for a down payment.
Just like a conventional loan or any other loan, VA mortgages have specific details and information for the lender to evaluate. We encourage you to read more about those details below or give us a call with specific questions that a loan specialist here is Mortgages Done Right Inc can help you clarify.