10-05-2005, 02:06 PM
| | What is VA loan?
Veterans Administration (VA) loans are available to qualified veterans, reservists, and active servicemen and women. These loans allow you to secure a mortgage up to a specified amount with no down payment and with flexible qualifying guidelines. The loans typically offer lower interest rates than you would find on any other mortgage. An application, a veteran's certificate of eligibility, and a VA assigned apprasial are required.
You can find more above VA loan from: www.homeloans.va.gov