VA - Veteran Affairs

The definition of mortgage term: Veteran Affairs

The VA is a cabinet-level agency that is dedicated to the well-being of U.S. Veterans. There are many benefits offered to veterans through the VA including disability compensation, life insurance, health care, and education opportunities. The VA operates 152 hospitals, 800 outpatient clinics, 126 nursing home care units, and 35 domiciliaries. The VA also guarantees mortgages for veterans. These mortgages do not require a down-payment.


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