VA Guarantees its 21 Millionth Home Loan
Veterans Health Administration sent this bulletin at 10/29/2014 04:03 PM EDT
Veterans Health Administration Update
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10/29/2014 12:30 PM EDT
The Department of Veterans Affairs (VA) announced this month that it has guaranteed 21 million home loans since the Home Loan Guaranty program was established in 1944 as part of the original Servicemen's Readjustment Act of 1944, better known as the 'GI Bill.' This achievement comes during the year-long commemoration of 70 years of the 'GI Bill,' which established a wide range of benefits for Veterans returning from World War II, including low-cost home loans, education and vocational training.