VA Loans are backed by the United States Department of Veteran Affairs (VA) and are available to active duty members, Reserves/Guard, unmarried surviving spouses and POW/MIA spouses and veterans. Created in 1944 as part of the GI Bill of Rights, VA Loans were designed for service men and women who served their country during World War II. This government backed program has made the dream of homeownership a reality for over 20 million Americans. Although this mortgage loan is brokered through NOVA ® Home Loans, the loan will be supported and backed by the VA. The biggest benefit to this loan option is that qualifying borrowers may benefit from more affordable and flexible terms with little to no money down.
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