Veterans Affairs mortgages, or VA loans, are flexible, government-backed loans that were created to make it easier for veterans and military families to buy a home. First introduced in 1944 as veterans were returning from World War II, the VA loan program has made it...
When mortgage-loan money was flowing from banks before the 2008 financial crash, many vets paid little attention to the benefit of getting a VA loan, and lenders often steered vets into private loans that had less government red tape and could be approved faster. But...