Understanding the Basics of VA Loans

Posted by Justin Cory on Friday, May 15th, 2020 at 3:05pm.

I’m covering the basics veterans need to know about VA loans. 

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We work with many veterans and active-duty service members who have a lot of questions about the VA loan, so today, I’m explaining all the basics. I’ll be discussing what the VA loan is, who’s eligible, the funding fee, and how to obtain pre-qualification and your certificate of eligibility. First, the VA loan is issued by a private lender and is guaranteed by the Department of Veteran’s Affairs. However, the VA itself doesn’t issue the loan. To learn more about VA loans, watch the short video above.

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