VA Loans are special home loans backed by the U.S. Department of Veterans Affairs designed to help active-duty service members, veterans, and certain members of the National Guard and Reserves buy homes. These loans offer several benefits, including no down payment, lower interest rates, and no private mortgage insurance (PMI) requirements, making homeownership more accessible for those who have served in the military. To qualify for a VA Loan, applicants must meet specific service requirements and obtain a Certificate of Eligibility (COE). The process is straightforward, and many lenders are familiar with the unique aspects of these loans, ensuring that veterans can navigate the home-buying process with ease.