What is a Veterans Affairs (VA) Loan? - Veridian

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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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