VA loans require no down payment, which can give veterans and their families a bit of assistance when they need to purchase a home. In addition, VA loans can be easier to qualify for and deliver extra benefits — more favorable financing options or lower monthly payments, for example — than buyers might get through a conventional loan.
While these loans are still approved and issued through lenders, the VA insures the loans. If a homeowner defaults, the VA will pay up to a certain portion of the loan, reducing the risk for lenders.
With the help of Denver VA mortgage brokers, like Hunter Lending, you can find out if you qualify for Denver VA home loans.