Quantcast

Keystone Today

Saturday, November 2, 2024

VA provides 2,148 home loans in Pennsylvania totaling $649.9 million in Q3

Webp swkx5bi3exhnipc81td9dd9mgfkb

Denis R. McDonough Secretary of Veterans Affairs | Official website

Denis R. McDonough Secretary of Veterans Affairs | Official website

The U.S. Department of Veterans' Affairs (VA) issued 2,148 home loans totaling $649.9 million in Pennsylvania during the third quarter of the fiscal year 2024, according to figures provided by the Veterans' Affairs Home Loans Index.

The Veterans Affairs (VA) assists service members, veterans, and eligible surviving spouses in achieving homeownership through loans that are provided by banks and mortgage companies, offering financial support and benefits unique to those who have served in the military.

A portion of the loan is guaranteed by the VA, enabling lenders to provide better rates.

A number of VA housing programs can help members buy, build or repair their homes. Loan types may include Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are geared toward veterans with a service-connected disability.

MORE NEWS