VA services 10K loans in last year for Veterans borrowing from their life insurance policies

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Department of
Veterans Affairs

   
   
   

VA News Releases

 
 
06/27/2022 11:14 AM EDT

The Department of Veterans Affairs has paid out more than $6.7 million across 10,000 loans since mid-May 2021 through Instant Loan Approval, a feature that automates the loan approval process for Veterans.