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US Veteran Home Loans and Tax Benefits

Author: Disabled World : Contact: www.disabled-world.com

Published: 2009-02-06 : (Rev. 2019-10-18)

Synopsis and Key Points:

A list of what each US state offers veterans in regards to home loans tax exemptions and tax benefits.

In 1944 the U.S. congress passed the GI Bill of Rights to help those who served in the armed forces readjust to civilian life.

The VA does not actually lend the money to the borrower, but promises to make good to the lender should the borrower default on the loan.

Main Digest

In 1944 the U.S. congress passed the GI Bill of Rights to help those who served in the armed forces readjust to civilian life. One section of this bill provided loan programs with no money down and low closing costs to veterans.

A VA home loan is actually a guarantee rather than a loan.

The VA does not actually lend the money to the borrower, but promises to make good to the lender should the borrower default on the loan. (See Veterans Affair Home Loans)

What Each U.S. State Offers Veterans

This list will be updated and expanded in the near future and should be read in conjunction with our US Home Loans for Americans with Disabilities seniors, and low income earners article.

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