Home Loan Guaranty Program

Home Loan Guaranty Program

The VA Home Loan Guaranty Program helps veterans and active duty personnel purchase and retain homes in recognition of their service. VA loan guarantees are eligible to servicemembers, veterans, reservists and unmarried surviving spouses for the purchase of homes, condominiums and manufactured homes for the veterans personal occupancy.

Veterans may also obtain VA refinancing loans. VA guarantees a percentage of the loan which permits the veteran to obtain a mortgage with no down payment at a competitive interest rate.

The VA website offers various fact sheets that give more information on the home loan guaranty process, as well as a Frequently Asked Questions (FAQ) page and general rules for eligibility.

Specially Adapted Housing program: Veterans that have a specific service connected disability may be entitled to a grant from the VA for the purpose of constructing an adapted dwelling, or modifying an existing home, in order to provide a barrier-free living environment which affords the veteran a level of independent living he or she may not normally enjoy.