Veterans Receive Low Interest Home Loans as a "Thank You" for Serving the Country

As a way of thanking veterans who have served their country, the U.S. helps them to achieve their dreams of buying a home.

President Franklin D. Roosevelt originally signed into law the Servicemen’s Readjustment Act of 1944 – also known as the GI Bill – to provide veterans and their families with assistance in housing. The bill offers veterans the chance to purchase a home with no money down and low mortgage rates.

A VA loan can be used for both home purchases and refinancing. A VA refinance loan gives veterans the opportunity to lower their current mortgage interest rates. A VA home loan gives veterans the chance to buy a home at a rate they can more easily afford.

Eligibility Requirements:

You must have served on active duty in the military for a minimum of 90 days …