Statements (47)
Predicate | Object |
---|---|
gptkbp:instanceOf |
government loan program
|
gptkbp:administeredBy |
gptkb:U.S._Department_of_Veterans_Affairs
|
gptkbp:alsoKnownAs |
gptkb:VA_loan
|
gptkbp:benefit |
competitive interest rates
no down payment required no private mortgage insurance required |
gptkbp:country |
gptkb:United_States
|
gptkbp:eligibility |
gptkb:National_Guard_members
veterans Reserve members active duty service members certain surviving spouses |
gptkbp:established |
1944
|
gptkbp:establishedBy |
gptkb:Servicemen's_Readjustment_Act_of_1944
|
gptkbp:feature |
no prepayment penalty
can be used for home improvement can be used for refinancing limited closing costs assumable loans can be used for condominiums can be used for energy efficient improvements can be used for manufactured homes can be used for new construction can be used multiple times |
gptkbp:fundingFee |
required, but may be waived for some veterans
|
gptkbp:guarantees |
gptkb:U.S._Department_of_Veterans_Affairs
|
https://www.w3.org/2000/01/rdf-schema#label |
VA Home Loan Program
|
gptkbp:maximumLoanAmount |
varies by county
no maximum, but subject to lender approval and VA limits |
gptkbp:notProvidedBy |
U.S. Department of Veterans Affairs directly
|
gptkbp:provides |
private lenders
|
gptkbp:purpose |
help eligible surviving spouses purchase homes
help service members purchase homes help veterans purchase homes |
gptkbp:relatedLegislation |
gptkb:Servicemen's_Readjustment_Act_of_1944
gptkb:Blue_Water_Navy_Vietnam_Veterans_Act_of_2019 |
gptkbp:requires |
property must be primary residence
satisfactory credit sufficient income valid Certificate of Eligibility |
gptkbp:targetUser |
gptkb:Interest_Rate_Reduction_Refinance_Loan
gptkb:Native_American_Direct_Loan cash-out refinance loan purchase loan |
gptkbp:website |
https://www.va.gov/housing-assistance/home-loans/
|
gptkbp:bfsParent |
gptkb:Department_of_Veterans_Affairs_(USA)
|
gptkbp:bfsLayer |
5
|