The National Directory of Certified Public Accountants

Ask A CPA - Armed Forces Tax Information

What Is A Veteran'S Administration Mortgage?

A mortgage loan backed by the Veteran's Administration requires very low or no down payments and has less requirements for qualification. Generally, the interest rates are lower than what is being offered in the marketplace. Members of the U.S. Armed Forces are eligible for the loans under certain qualifying conditions. Contact the local Veteran's Administration office for more information.

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