Similar to FHA loans, VA loans are guaranteed by the U.S. Department of Veteran Affairs, and lenders like ProVisor make this loan eligible to veterans for the purchase of a home. VA loans share similar eligibility requirements as FHA loans, often with lower closing costs, more liberal terms (usually without requiring a down payment), and even negotiable interest rates. If you qualify, the VA will issue a certificate of eligibility to provide to your lender when making an application for your loan.
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