The VA home loan and other housing programs help veterans, servicemembers and surviving spouses purchase, build, adapt and renovate homes. One of the most commonly used loans is the VA Purchase Loan, which specifically allows qualified Veterans to purchase a home without many of the requirements of traditional mortgages—there's no down payment, no private mortgage insurance, competitive interest rates and easier qualifications. The VA Purchase Loan is not a loan offered by VA itself. Rather, the loans are provided through private, approved lenders.
For more guides and tips on using your VA loan, visit the Military.com VA Loan section.