VA Loan:
A mortgage given to a veteran where the lender is insured against loss by the Veteran's Administration (VA).

Variable Rate Mortgage:
A mortgage with an interest rate that is periodically adjusted by the lender based on a specified index. Also known as a Adjustable Rate Mortgage. Typically, these mortgage products start with a lower interest rate, then the interest rate may move up or down as market conditions and the index change.

Viewing Request:
Ability to request online a showing of the home. Requesting a Showing is a feature for registered/logged on users of this website.

Village Tax Stamps:
Taxes charged when title passes from the seller to the buyer and levied by a municipality or village.

Virtual Tours:
An interactive photographic display of select interior and/or exterior views associated with real property that you can view using this website.

Definitions are intended to be informational only. Please be advised that real estate practices vary from state to state and market to market. The information contained herein does not constitute legal advice. It is recommended that you consult with a qualified real estate attorney who can advise you specifically with respect to the requirements in your market.