Mortgage Glossary (V)
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Veterans Affairs (U.S. Department of Veterans Affairs): A federal government agency that provides benefits to veterans and their dependents, including health care, educational assistance, financial assistance, and guaranteed home loans.VA Guaranteed Loan: A mortgage loan that is guaranteed by the U.S. Department of Veterans Affairs (VA).
Verification of Deposit (VOD): is a document verifies the status and balance of an account. This will verify a borrowers assets.