VA guaranteed loans are made by lenders and guaranteed by the U.S. Department of Veteran Affairs (VA) to eligible veterans for the purchase of a home. If you have served in any of the armed forces, you may qualify for this home loan in Logan, Utah.
The benefits of VA loans are that the program offers 100% financing, no down payment, and no monthly mortgage insurance. VA requires an upfront guarantee fee that varies depending on eligibility. The fee may be paid in cash by the buyer or seller, or it may be financed in the loan amount.
A Certificate of Eligibility from the VA must be presented to the lender to qualify for the loan.