Veterans of the U.S. Armed Forces, active-duty service members, reservists and some qualifying family members may be entitled to apply for a VA loan. These loans are backed by the Department of Veterans Affairs, so while the loan is funded through the banks and mortgage companies just like a conventional loan is, the VA guarantees a portion of the loan against loss, enabling the lender to provide you with more favorable terms and making it a desirable choice when buying a home. Here are a few … Continue reading...