VA mortgage loans are guaranteed by the U.S. Department of Veteran Affairs. Lenders like AmeriFirst Home Mortgage make the loans to eligible military veterans to buy, build or refinance a mortgage. You can also use the VA mortgage loan for energy-saving improvement (approved by the lender and VA) of a home. VA loans share similar eligibility requirements as FHA loans, often with lower closing costs, and more liberal terms (usually without requiring a down payment) and even negotiable interest rates. If you qualify, the VA will issue a certificate of eligibility that you can provide a lender when making application for your loan.
You can read more about VA mortgage loans on the AmeriFirst blog.