VA mortgage

VA mortgage definition - finance
A mortgage that is offered to U.S. veterans who have served in the military by the Veterans Administration (VA). Typically VA mortgages require a smaller down payment and have more attractive interest rates than conventional, commercially available mortgages.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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