Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Loan Term

Department of Veterans Affairs

Updated 10-31-2026

Loan Term

A loan term refers to the length of time and feature of a loan. VA can back loans that are either 15 or 30-year terms. Also, terms include fixed-rate and adjustable rate mortgage (ARM).

Department of Veterans Affairs Glossary of Terms

Department of Veterans Affairs · p. 2

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