VA Loan
A loan that is partially guaranteed by the Department of Veterans Affairs and made by a private lender.

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Valid
Sufficient in law; effective.

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Valuation
The estimation of a property's price value through an appraisal.

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Veterans Affairs
A government agency that aids veterans of the United States armed forces in obtaining housing, its assistance takes the form of a partial guarantee of repayment to lenders in the event of borrower default.