Q & A: Veterans Administration

Click a question to jump right to the answer:

  1. Are loans available through the VA?
  2. What is an escrow/impound account?
  3. Where can I get more information on VA home loans?

Are loans available through the VA?

Yes. The VA Home Loan Guaranty Service is an organization within the Veterans Benefits Administration that distributes home loans to veterans and active military personnel. VA home loans offer special and unique benefits to recipients, such as no required down payment.

For more information on VA loan requirements and options, visit http://www.benefits.va.gov/homeloans/

Main Topic List Back To Questions

What is an escrow/impound account?

An escrow account, also known as an impound account, is often required of buyers by lenders to reserve cash for costs such as taxes, insurance, etc…

Main Topic List Back To Questions

Where can I get more information on VA home loans?

The VA Home Loan Guaranty Service is an organization within the Veterans Benefits Administration that distributes home loans to veterans and active military personnel. VA home loans offer special and unique benefits to recipients, such as no required down payment.

 

For more information on VA loan requirements and options, visit http://www.benefits.va.gov/homeloans/

Main Topic List Back To Questions