VA: Veterans are leaving hundreds of thousands in home loan benefits on the table
The VA works with private lenders to help eligible veterans, service members and some surviving spouses buy, build or refinance homes; its guarantee of part of the loan can lead to more favorable loan terms.
The Department of Veterans Affairs helps eligible veterans, service members and some surviving spouses buy, build or refinance a home through private lenders. That could result in more favorable loan terms because the VA guarantees part of the loan.