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There are 5 names in this directory beginning with the letter V.
VA Loans
Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs. They are designed to make housing affordable for eligible U.S. veterans. VA loans are available to veterans, reservists, active-duty personnel, and surviving spouses of veterans with 100% entitlement. Eligible veterans may be able to purchase a home with no down payment, no cash reserve, no application fee, and lower closing costs than other financing options. The maximum VA loan amount is currently $203,000.

Variable Rate
Interest rate that changes periodically in relation to an index.

Variable Rate Mortgage
See Adjustable Rate Mortgage.

Verification of Deposit (VOD)
Document signed by the borrower’s bank or other financial institution verifying the borrower’s account balance and history.

Verification of Employment (VOE)
Document signed by the borrower’s employer verifying the borrower’s position and salary.