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.
All VA home loans are guaranteed by the Department of Veteran Affairs. If a borrower of a VA loan should default, the Department of Veteran Affairs compensates the lender for any loss due to the non-payment of the loan. This reduces the lenders risk and allows borrowers who are eligible for VA loans to get a home with little or no money down.
