A VA guarantee shields lenders from loss if a debtor is unable to repay a loan. The loan is issued by private lenders and partially backed or guaranteed by the VA. These loans are for eligible service-members and veterans and carry several benefits. Buyers don’t have to come up with a down payment. Such loans are also available to surviving spouses of service personnel.  With a VA guarantee, the lender is protected against loss.

VA loans are prevalent because they’re money savers. For example, the interest rate is competitive with conventional rates. Furthermore, it’s the only widely available mortgage that requires no down payment.

The process of applying for a VA home loan guarantee is complicated, but don’t worry. We can help you navigate the murky waters of the VA home loan guarantee. We will help you take a closer look at how a VA loan works and if it’s your best option. Or, if you prefer, we can help you apply online directly through eBenefits at VA. This way, you’ll find out if a VA home loan is right for you, and if so, what to expect.