Outrageously Funny Word Dictionary :: Veterans loan mortgage

👉 The term "veterans loan mortgage" is a popular expression in many social media communities and internet memes that has gained popularity among younger audiences due to its humorous interpretation.

Let's break down the definition of this slang: 1. Vet : In the context of a veteran, someone who has been a part of military service or has undergone some form of training. 2. Veterans Loan Mortgage : A loan with an interest rate that is significantly lower than the current market rate on typical mortgages due to the veterans' guaranteed repayment. 3. Mortgage : A loan taken out by the government, usually in exchange for a deposit from a borrower. The "veteran" part of this term implies someone who has served their country or industry and is now eligible to benefit from lower interest rates through this new method. An example sentence using "Veterans Loan Mortgage": "Hey, I've got some good news for you. The veteran's loan mortgage is coming down on the market, so keep your cash ready! Now, with a guaranteed repayment of 0% interest, you can finally take that last payday and buy that new car without worrying about paying it off." In this example, "Veterans Loan Mortgage" is being used as a playful way to highlight the concept of lower-interest loans for military veterans.