Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.
Many people hold the false assumption that the federal government directly offers VA Loans to veterans, but this is not actually the case. What the federal government does is guarantee loans that regular mortgage lenders make to veterans. By guaranteeing the loans, the Veterans Administration promises to pay back the principal loss in case the buyer defaults against the loan.
