The State of Kansas can assist in completing applications for loan guarantees. However, individuals are encouraged to contact their local lenders and real estate professionals for current rates and eligibility. The Kansas Commission on Veterans' Affairs does not provide listings of approved VA lenders.
The VA and local banks offer a number of home loan services to eligible veterans, some military personnel, and certain spouses.
- Guaranteed Loans: the VA can guarantee part of a loan from a private lender to help you buy a home, a manufactured home, a lot for a manufactured home, or certain types of condominiums. The VA also guarantees loans for building, repairing, and improving homes.
- Refinancing Loans: If you have a VA mortgage, the VA can help you refinance your loan at a lower interest rate. You may also refinance a non-VA loan.
- Special Grants: Certain disabled veterans and military personnel can receive grants to adapt or acquire housing suitable for their needs.
Time Limits: There is no time limit for a VA home loan, except for eligible reservists. Their eligibility expires September 30, 2009.