What is the fundamental reason that VA loans exist? This is a serious question with an equally serious answer. As you may know, the Veterans Administration or the Department of Veterans Affairs is dedicated to providing military veterans with assistance in a number of areas including financial, educational, and medical.

The real heart of this question can be exemplified by the brave men and women who have chosen to serve their country by enlisting in one of the branches of the armed forces. This is a major sacrifice for a number of reasons. These men and women have given up time that could have been spent developing careers or establishing business ventures, as well as other forms of gainful employment. This can create some disadvantages when it comes time to take off the uniform and become a civilian once again.

This is why the VA Loan Program exists. It is there to give veterans back an edge or advantage and reward them for their service. At no point is this more appreciated than when it comes to buying a new home. The VA’s low interest and no down payment loans have given millions of veterans the opportunity they would not have had otherwise.