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A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. While the VA does not lend money for VA loans, it backs loans made by private lenders (banks, savings and loans, or mortgage companies) to veterans, active military personnel, and.

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Joe Manchin III, are pressing forward, talking up the project and perhaps most significantly trying to secure a $1.9 billion federal loan guarantee that could. project coordinator with the Ohio.