A VA Loan is a home loan provided under the Servicemen's Readjustment Act of 1944 and later legislation, guaranteed by the U.S. Department of Veterans Affairs (VA) for eligible veterans and service members. It ensures lenders are compensated in the event of borrower default.
The Department of Veterans Affairs (VA) is a government agency that provides a wide range of services for eligible veterans, including loans, education benefits, and medical care.
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