VA Loan - Home loan guaranteed by the U.S. Veterans Administration, enabling a veteran to buy a home with no money down.
Variable Rate Mortgage - (See Adjustable Rate Mortgage)
Verification of Deposit (VOD) - A document signed by the borrower's bank or other financial institution verifying the account balance and history.
Verification of Employment - A document signed by the borrower's employer verifying his/her starting date, job title, salary and probability of continued employment.


