Does the Veteran administration give the loan to purchase real estate?

No they do not. The VA gives the lender the guarantee that if the Veteran defaults on the loan the Veteran administration then will pay backs the bank and takes over the property.

Show All Answers

1. What does COAH mean?
2. Can someone 55 years old go into senior housing?
3. Can a Veteran purchase a home with no down payment money to purchase a home?
4. Does the Veteran administration give the loan to purchase real estate?
5. Does a veteran have to purchase only a one family home?