Yes, the VA loan program is a federal program. However, the government actually doesn’t make direct loans to veterans. Instead, private lenders are able to finance the loan while the Department of Veterans Affairs offers a guaranty. This guaranty protects the lender against total loss if the the buyer defaults. This provides a nice incentive for […]
VA Cuts Hawaii Loan Guaranty to $60,000 Less Than Median Prices
In 2013 more than 5,000 families in Hawaii used the VA Home Loan to purchase a home in the islands. These are excellent numbers, and the Hawaii VA Loan has been great for many families. However, with the VA recently dropping the Hawaii VA Loan limit down to $625,500, this puts many veterans in a […]
