Our Firm
President's Message
On Q Values
Employer of Choice
Streamline Experience
Why On Q?
Simple Quick & Easy
Advantage On Q
Client First Service
On Q Creativity
Purchase/Refinance
Purchase Calculator
Refinance Calculator
Conventional Conforming
FHA
VA
Understanding Mortgages
About Your Credit
About Rates & Costs
About Mortgage Options
About Brokers & Lenders
Mortgage Glossary
On Q Careers
Step Up to On Q
Getting Started
On Q Career Opportunities
On Q Newsletters
Monthly Economic Calendar
Headline News
About Your Credit  |  On Q Creativity  |  About Rates & Costs  |  About Mortgage Options
About Brokers & Lenders  |  Mortgage Glossary  |  Purchase Calculators  |  Refinance Calculators

Mortgage Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

VA (Department of Veterans Affairs):
A federal agency which guarantees loans made to veterans.  Similar to mortgage insurance, a loan guarantee protects lenders against loss that may result from a borrower default.