The VA Home Loan Program was created under the GI Bill in 1944 as a means by the United States to show its gratitude to the men and women of the Armed Forces who have served their country. Their main purpose is to help veterans finance the purchase of a home with a competitive rate of interest and favorable loan terms.

Because the Veterans Administration guarantees the VA loan, it enables active military and retired veterans to buy a home with no money down and with limited closing costs. Today, over 29 million veterans and military servicemen are entitled to receive the benefits of the VA home loan.

Although some veterans have already used their loan benefits, it is often possible for them to buy homes again with VA financing, using remaining or restored loan entitlement.  Qualified individuals are always best off choosing a VA loan when the situation permits.

As a veteran of the United States Armed Services, you have served your country well and you deserve to take part in the American dream. The VA home loan team at North Carolina Mortgage will guide and support you from the point at which you decide to buy a home through the closing day.