There are several types of protections given to veterans who obtain VA home loans. They may be applicable only in specific situations or used for very basic or general circumstances. Some have to do with warranties while other have to do with cases where the borrower is facing loan default.

Below are some examples of VA loan protections:

1. The VA will ask the lender if they will extend forbearance to borrower who is temporarily hindered from meeting the loan terms.

2. A borrower who trying to obtain a VA loan will only have to pay fees and charges that are the VA deemed as acceptable.

3. If a veteran want to purchase a newly constructed building, the builder is required to at least a one-year warranty that states the home has been built according to VA-approved specifications.

4. Any homes that were constructed less than a year before a purchase using VA financing must be initially inspected by the VA to assure structural integrity.

5. If any defects are found in a VA-inspected home, the borrower will receive compensation for that that impact livability. This assistance must be obtained within four years of purchase using the home loan.