You are here:About>Home & Garden>Home Buying / Selling> Market Facts & Trends> Glossary> Glossary U thru Z> VA Loan
About.comHome Buying / Selling
Newsletters & RSSEmail to a friendSubmit to Digg

"VA Loan"

From Elizabeth Weintraub,
Your Guide to Home Buying / Selling.
FREE Newsletter. Sign Up Now!
Definition: A loan guaranteed against default by the borrower by the U. S. Department of Veteran Affairs. VA loans require no down payment and are offered exclusively to United States military personnel who are active, discharged or retired.
Also Known As: GI Loans
Examples: VA loans often carry lower interest rates than conventional loans.
 All Topics | Email Article | | |
Advertising Info | News & Events | Work at About | SiteMap | Reprints | HelpOur Story | Be a Guide
User Agreement | Ethics Policy | Patent Info. | Privacy Policy©2008 About, Inc., A part of The New York Times Company. All rights reserved.