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VA home loans

VA home loans are mortgage loans provided to veterans, active-duty service members, and eligible surviving spouses by private lenders, such as banks and mortgage companies. These loans are guaranteed by the Department of Veterans Affairs (VA), which means that if the borrower defaults on the loan, the VA will reimburse the lender for a portion of the loss. Veterans and service members must work with lenders experienced in VA loans to navigate the application process and take advantage of all available benefits. VA loans can be an excellent option for eligible borrowers looking to purchase or refinance a home.