What is a VA Mortgage Loan loan?

Created in 1944, the Veterans Administration Home Loan Guaranty Program was established to assist service members returning from active duty, the opportunity to buy a home of their own. Since it came into being, over 18 million active duty, retired and reservist members of the military have realized the dream of home ownership. Because the Federal Government backs the loans, military borrowers benefit from very competitive rates and terms offered by VA-approved lenders. The loan consultants at Midwest Family Lending Corp are experienced VA home loan experts. They can help you determine whether you are eligible and help you obtain your certificate of eligibility from the Department of Veterans Affairs. They can also let you know what the current loan limit is for the county in which you live or are looking for a home, and walk you through the entire process.