Department of Veterans Affairs


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Related to Department of Veterans Affairs: Department of Homeland Security, Department of Agriculture

Department of Veterans Affairs

A department of the U.S. federal government devoted to serving the interests of American military veterans. Among other things, the Department guarantees mortgages borrowed by veterans to increase veteran homeownership.

Department of Veterans Affairs (VA) mortgage.

Department of Veterans Affairs (VA) mortgages enable qualifying veterans or their surviving spouses to borrow up to the annual federal limit in order to buy conventional homes, mobile homes, and condominiums with little or no down payment.

The VA guarantees repayment of the loans. This federal guarantee means that banks and thrift institutions can afford to provide 30-year VA mortgages on favorable terms even during periods when borrowing in general is expensive.

Interest rates on these mortgages, formerly fixed by the Department of Housing and Urban Development (HUD), are now set by the VA itself. For more information, call the VA's local toll-free number listed in your phone book.

Department of Veterans Affairs (VA)

Established on March 15, 1989, to replace the former Veterans Administration,it is currently the second largest of the 15 Cabinet departments and is headed by the secretary of veterans affairs. It provides a wide variety of programs, including guarantees of mortgage loans received by eligible veterans.

References in periodicals archive ?
Summary: Authorizes expansion of the pilot program of the Department of Veterans Affairs on assisted living for veterans to include three additional health care regions of the Department of Veterans Affairs.
The Veterans Health Administration is the medical care delivery portion of the Department of Veterans Affairs. Kenneth W.
533--Would provide health care and certain other benefits furnished by the Department of Veterans Affairs to any individual who has spina bifida and is the natural child of a veteran who was exposed to a herbicide agent while in military service.
Address : Department Of Veterans Affairs;Gulf Coast Veterans Health Care System;Engineering Service;400 Veterans Avenue;Biloxi, MS
Address : Department Of Veterans Affairs;Perry Point VAMC;Contracting Ofice;Building 101;Perry Point MD 21902
Address : Department Of Veterans Affairs;Network Contracting Office (NCO) 2;2875 Union Road;Suite 3500;Cheektowaga NY 14227
Address : Department Of Veterans Affairs;VISN17 Network Contracting Activity;7400 Merton Minter Blvd.

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