What is a Veterans Affairs (VA) Loan?
- Veterans may finance a home with no down payment.
- Seller may pay up to 4% of the purchase price toward closing costs
- Loan available to eligible service members or their eligible family members
- Low or no funds required for down payment
- Flexible qualification requirements
- No monthly mortgage insurance
- Financing for primary residences only
- VA funding fee required, although exceptions may apply
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