E2419 SERVING THOSE WHO SERVE US - VETS

Course overview

This two-hour VA class has been designed for the buyer agent to familiarize them with the veteran's story, background, military structure and VA loan program. By the end of class, buyer agents will have a better understanding of the veteran's experience enabling them to foster a better relationship. A VA loan is a mortgage loan from the United States guaranteed by the United States Department of Veterans Affairs VA. The program is for American veteran, military members currently serving in the U.S. military, reservists and select surviving spouses, provided they do not remarry, and can be used to purchase single family homes, condominiums, multiunit properties, manufactured home, and new construction. The VA does not originate loans, but sets the rules for who may qualify, issue minimum guidelines and requirements under which mortgages may be offered and financially guarantees loans that qualify under the program. The basic intention of the VA home loan program is to supply home financing to eligible veterans and to help veterans purchase properties with no down payment. The loan may be issued by qualified lenders.