VA home loan program

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf mortgage loan program
gptkbp:administeredBy gptkb:U.S._Department_of_Veterans_Affairs
gptkbp:appliesTo first-time homebuyers
repeat homebuyers
gptkbp:assistance foreclosure avoidance
gptkbp:benefit competitive interest rates
no down payment required
limited closing costs
no private mortgage insurance required
assumable loans
foreclosure avoidance assistance
gptkbp:certificateRequired Certificate of Eligibility (COE)
gptkbp:closingCosts limited
gptkbp:country gptkb:United_States
gptkbp:downPayment not required
gptkbp:eligibility gptkb:U.S._military_veterans
active duty service members
certain members of National Guard and Reserves
some surviving spouses
gptkbp:established 1944
gptkbp:establishedBy gptkb:Servicemen's_Readjustment_Act_of_1944
gptkbp:fundingFee required
waived for some disabled veterans
gptkbp:guarantees gptkb:U.S._Department_of_Veterans_Affairs
part of loan amount
https://www.w3.org/2000/01/rdf-schema#label VA home loan program
gptkbp:insuranceRequirement no private mortgage insurance
gptkbp:lender private lenders
gptkbp:loanAssumption allowed
gptkbp:mainInterest competitive
gptkbp:maximumLoanAmount varies by county
conforming loan limits apply
gptkbp:prepaymentPenalty none
gptkbp:property gptkb:residential_area
primary residence
manufactured home
new construction
multi-unit property
gptkbp:purpose help veterans purchase homes
gptkbp:refinanceOption cash-out refinance
streamline refinance
gptkbp:renewableBenefit yes
gptkbp:requiredDocuments flexible
gptkbp:targetUser gptkb:Interest_Rate_Reduction_Refinance_Loan_(IRRRL)
cash-out refinance loan
purchase loan
Native American Direct Loan (NADL)
gptkbp:website https://www.va.gov/housing-assistance/home-loans/
gptkbp:bfsParent gptkb:VA_loan_technicians
gptkbp:bfsLayer 7