Statements (33)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
mortgage loan
|
| gptkbp:alsoKnownAs |
VA home loan
|
| gptkbp:appliesTo |
gptkb:United_States
|
| gptkbp:canBe |
investment property
rental property vacation home |
| gptkbp:createdBy |
Servicemen’s Readjustment Act of 1944
|
| gptkbp:downPayment |
0% for eligible borrowers
|
| gptkbp:eligibility |
gptkb:U.S._military_veterans
active duty service members some surviving spouses |
| gptkbp:feature |
competitive interest rates
no down payment required no prepayment penalty assumable by qualified buyers limited closing costs no private mortgage insurance required |
| gptkbp:fundingFee |
can be financed
required unless exempt |
| gptkbp:guarantees |
gptkb:U.S._Department_of_Veterans_Affairs
|
| https://www.w3.org/2000/01/rdf-schema#label |
VA loan
|
| gptkbp:lender |
private lenders
|
| gptkbp:maximumLoanAmount |
varies by county
up to 25% of loan amount |
| gptkbp:offeredBy |
gptkb:U.S._Department_of_Veterans_Affairs
|
| gptkbp:purpose |
help veterans buy homes
|
| gptkbp:regulates |
VA Lender’s Handbook (VA Pamphlet 26-7)
|
| gptkbp:requiredDocuments |
flexible credit standards
|
| gptkbp:usedFor |
purchase of primary residence
refinancing existing mortgage home improvements |
| gptkbp:bfsParent |
gptkb:VA_Home_Loan_Program
|
| gptkbp:bfsLayer |
6
|