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A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs (VA), specifically for eligible active-duty military, veterans and surviving spouses.
A VA loan certificate of eligibility (COE) is the first step toward getting a VA loan. The U.S. Department of Veterans Affairs provides the COE, which serves as evidence that you meet the VA loan ...
Eligible veterans, active-duty personnel and surviving spouses looking for a home can use a VA loan for financing. These types of mortgages, which are guaranteed by the U.S. Department of Veterans ...
A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...
The OMPF is an important document for service members to maintain, as the documents it contains are important for access to benefits such as the VA loan and the G.I. Bill. Copies may be requested from the National Archives [2] by service members and their families. The OMPF further contains demotions, forfeiture of pay as a de facto record of ...
The loans are made by private lenders with the caveat that the government will pay off the loans if the company defaults on them. Chrysler did not go into default. Another example was the creation of the Emergency Loan Guarantee Board to administer $250 million in US government loan guarantees made to private lenders on behalf of Lockheed in 1971.