The VA loan is one of the greatest benefits for military veterans. Back in 1944, President Franklin D. Roosevelt signed the GI Bill into law as a way to stimulate the economy by enabling veterans to obtain home loans. These “Veteran’s Administration Loans” were federally guaranteed and available with no down payment. Many veterans and […]
In 1944 the Veteran’s Administration Loan–or the VA Loan–came into being through the original Servicemen’s Readjustment Act (also known as the GI Bill of Rights). President Franklin D. Roosevelt signed the GI Bill into law in an effort to offer veterans a home loan that was federally guaranteed and that did not need a down […]
If you were offered a loan with a 36% rate, would you take it? Chances are that you would not.