|
VA Mortgage
A mortgage that is guaranteed by the Department of Veterans Affairs (VA).
Vested
Having the right to use a portion of a fund such as an individual retirement fund. For example, individuals who are 100 percent vested can withdraw all of the funds that are set aside for them in a retirement fund. However, taxes may be due on any funds that are actually withdrawn.
Veterans Administration (VA)
An agency of the federal government that guarantees residential mortgages made to eligible veterans of the military services. The guarantee protects the lender against loss and thus encourages lenders to make mortgages to veterans.
|
|
Privacy Policy - Copyright 2005 - 2024 Cape Ann Real Estate
Telephone Contact: By submitting this information, you authorize us to contact you even if you are on the National Do Not Call List.
Real Estate Website Development design, ongoing web development, optimization, and internet marketing
|
|