VA loan guide: No down payment required

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Veterans Affairs loans are home mortgages guaranteed by the U.S. Department of Veterans Affairs. Think of a VA loan as a thank-you to the people who serve our country.

For qualified homebuyers, a VA loan does not require a down payment. The no-down-payment element is the most popular feature of VA loans. Another advantage is that the credit requirements for a VA loan are more forgiving. You don't have to have two years of excellent credit to get a VA loan, as long as you earn enough money to make the payments.

Getting a VA loan takes a few more steps than it takes to get a conventional mortgage, although the paperwork is not burdensome. You're eligible for a VA loan if you're on active duty, are an honorably discharged veteran, or have completed six years of service in the National Guard or selected reserves. Some surviving spouses of veterans are eligible for VA loans, too.

Whether you want a VA loan to buy a home or to refinance, these articles will inform you about this gift from Uncle Sam in appreciation of your service to our country.

• 5 things you should know about getting a VA loan
  Demand for Veterans Affairs loans has surged recently. What are the pros and cons?
• 3 options to refinance into a VA home loan
  If you qualify for a Veterans Affairs mortgage, you have some excellent reasons to refi.
• VA loans offer good deals
  Ignored in recent years, Veterans Affairs mortgage loans are making a comeback.
• VA loans a great perk for G.I. Joes
  VA home loans offer perks to military people, but research before buying.
• Is refinancing a VA loan worth it?
  Refinancing -- Veterans Affairs loan or not -- is a major move. Follow this guide.
• What is a VA loan?
  Find out how a VA loan differs from a standard home loan and who may be eligible for the program.
• Can a VA loan be used to buy a short sale?
  There are reasons why getting a VA loan isn't the easiest way for a veteran to buy a short sale.
• Feds protect VA wages from bank garnishment
  A disabled veteran asks if his bank account is safe from garnishment.
• 4 mortgages that require little money down
  Surprisingly, buyers with little money for a down payment are successfully getting mortgages.
• 11 celebrities who served in the military
  You might want to salute these military veterans next time you see them on the screen.