A VA loan, also known as a Veterans Affairs loan, is a mortgage loan program available to veterans, active-duty service members, and their eligible family members. It offers numerous advantages such as low or no down payment, competitive interest rates, and no requirement for private mortgage insurance. Synonyms for VA loan can include military mortgage, veteran mortgage, and servicemember loan. These terms provide alternative ways of referring to this specialized mortgage option tailored to help those who have served in the military. Whether called a VA loan, military mortgage, or servicemember loan, this program stands as a valuable resource for those who have served their country.