Where it mattersHome loanVA LoansA VA loan is a mortgage guaranteed by the Department of Veterans Affairs that lets eligible veterans, active-duty service members and certain surviving spouses buy with no down payment and no monthly mortgage insurance.Learn more ›Related terms1031 ExchangeAmortizationAppraisalAPR (Annual Percentage Rate)ARM (Adjustable-Rate Mortgage)ARV (After-Repair Value)Asset DepletionAssumable MortgageBalloon PaymentBank Statement LoanBlanket LoanBRRRRCap RateCash to Close