The Department of Veteran Affairs offers assistance to all veterans and eligible surviving spouses to become homeowners. The VA does not actually give the service members money. This is done by private lenders, such as banks and mortgage companies. So, how do they manage to help out with the mortgage? Simple. The VA, once approved, issues a guarantee for portions of your loan. In addition, the VA also helps service members in trouble of loosing their homes. The VA is able to provide guidance and policies to loaners so they can provide solutions to borrowers having difficulties in retaining their property or avoid foreclosure.  VA also provides guidance with current loans if issues arise with the loan servicer. For more information you can log into the VA website at: http://www.benefits.va.gov/homeloans/veteran_borrowers.asp or you can fill out the contact information portion on this website for your home buying or selling needs.

About the author

 Olga Corrada

Olga Corrada

REALTOR®

Thank you for choosing me. I know how important it is to find your dream home or get the best offer for your property. You can count on me to always do what is in your best interest. I am standing by to answer and meet all your real estate questions and needs. I specialize as Buyer's Agent, Listing Agent, in Traditional Sales, Short Sales, Foreclosures. I am fluent in several languages including Spanish, Russian, and Latvian. Contact me for your consultation today! 

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