Question

What is another name for loans made in compliance with VA standards and guaranteed or insured by the VA?

A) VA-Approved Loans
B) VA-Backed Loans
C) VA-Sanctioned Loans
D) VA-Certified Loans

Answer 1

Another name for loans made in compliance with VA standards and guaranteed or insured by the VA is VA-Backed Loans.

Step-by-step explanation:

Another name for loans made in compliance with VA standards and guaranteed or insured by the VA is VA-Backed Loans. These loans are offered by private lenders but are backed by the Department of Veterans Affairs (VA), providing lenders with a guarantee of repayment if the borrower defaults on the loan.