Veterans Administration

The federal agencyThe Rural Housing Service or its successor agency within the Rural Development mission area of the U.S. responsible for the VA loanSee: Veterans Administration. guaranty program as well as other services for eligible veterans. In generalCoverage that pertains, for the most part, to claims arising out of the insured's liability for injuries, qualified veterans can apply for homeHOME: Provides funds to local governments and states for new construction, rehabilitation, acquisition loans with no down paymentThe portion of the sales contract or mortgage paid to the seller by the purchaser at the time of closing and a funding feeA fee charged to guarantee a mortgage loan. of 1 percent of the loanTransfers for which the recipient incurs a legal debt and repayment is required over time, with or without amount.