By Themilitarylender.com

The United States of America is probably the country with the most patriotic citizens ever. The citizens of America have so much love for their people, their land and their government that they would extend themselves to fight in a war to protect the goodwill and safety of their families and fellow patriots. Therefore, it would only be fitting that the government of the United States extends housing options to veterans from the various wars that the country has fought in. In that light, there are Veterans Affairs home loans, more commonly referred to as VA home loans that are available for people who have served the nation with pride.

VA loans are funded by the government of the United States, and serve to benefit those people who have served their country as soldiers in war. The loan options available to veterans are quite attractive, making it fairly easy for them to acquire housing once they return from war. There are minimal requirements that determine whether a veteran can actually qualify for a VA loan. For the most part, a veteran who has served on active duty and has an honorable discharge after a minimum of 90 days can apply for a VA home loan. In addition, any veteran who served during the war for 181 days peacetime can also apply.

VA home loans are offered by private lenders, banks and mortgage companies that have come on board for this useful and helpful cause. With VA home loans, borrowers can finance 100% of the home's value and actually buy it with $0 down payment. This impressively compares to banks that want huge down payments of 10 to 20% for regular home loans. This alone goes to show that the country is dedicated to ensuring its war veterans are well taken care of when they get home.

It is much easier to qualify for a VA loan than it is for a regular loan because it is backed 100% by the government of the United States of America. As a result, banks have more relaxed lending rules for VA applicants. Not to mention, VA home loan rates are much lower, running anywhere between 0.5 to 1% lower than conventional loans.

VA home loans offer lower rates and lower monthly payments. In addition, no private mortgage insurance is needed, because there are also feasible options for insuring once you have a loan. The only condition that really restricts you is the fact that the veteran must live in the home that they are buying. Of course, this is not really a factor for many veterans, because in some cases it would be the first time that they own a home.

VA home loans are just one of the things that indicates how much patriotism there is amongst the American people, government included. The mere fact that this option has been extended to people who have served the country in war indicates just why the dedication and commitment seen is there.