VA Loans, A Gift from Uncle Sam
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Uncle Sam has a gift for the men and women who serve our country. It is the VA loan. The VA loan, short for Department of Veterans Affairs home loans, is available to veterans, active service members, reservists, and members of the Public Health Service. These loans are so popular, that in the past fiscal year alone, Uncle Sam has guaranteed 300,000 VA loans totaling more than $38 billion.VA loans are available to veterans of the armed forces. These loans are used by many veterans to buy or refinance their homes.