A VA loan is a loan guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders. (C2 can handle VA loans). The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses. The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans purchase properties with no down payment. The biggest benefit is the zero down payment option.
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