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As a veteran of the United States Air Force, one of the most important benefit that I earned was the right to get a VA mortgage. A VA mortgage is a mortgage that is insured by the Department of the Veterans Affairs. In 1944 the United States Congress passed the Servicemen's Readjustment Act which enacted various benefits to veterans of the armed forces. During that time, there have been several amendments to help improve benefits to veterans.

Here is a summary of the benefits of the VA mortgage:

No down payment
No mortgage insurance premiums
No prepayment penalty
Streamline refinance in the future
Able to finance VA funding fee
There are also other benefits that I did not list above. If you know of other benefits, please comment below so we can publicize them.

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