| Term | Definition |
|---|---|
| Unsecured Loan |
A loan that is not backed by collateral. |
| VA Guaranteed Loan |
A mortgage loan that is guaranteed by the U.S. Department of Veterans Affairs (VA). |
| Veterans Affairs (VA) |
A federal government agency that provides benefits to veterans and their dependents, including health care, educational assistance, financial assistance, and guaranteed home loans. Aliases (separate with |): U.S. Department of Veterans Affairs|VA
|
| Walk-Through |
A common clause in a sales contract that allows the buyer to examine the property being purchased at a specified time immediately before the closing, for example, within the 24 hours before closing. |
| Warranties |
Written guarantees of the quality of a product and the promise to repair or replace defective parts free of charge. |