Glossary of Notary Public, Mortgage, Signing Agent, and Loan Signing Terms.VA Loan
A type of loan that is only available to veterans who served in the U.S. Armed Services, and in some cases to spouses of deceased veterans.VA Mortgage
A type of mortgage that is only available to veterans who served in the U.S. Armed Services, and in certain cases to spouses of deceased veterans.Variable Rate
An interest rate that could change once an account is opened. Rate increases occur at fixed intervals and the new rate is based on a standard index rate. Variable rate loans generally start off with lower interest rates.Venue
The part of the notary certificate that indicates the state and county where the notarization was performed. The place where a trial is held. The place where a notarization is done. The venue is to be filled out by the notary public.Verification
A confirmation of the truth of a theory or fact. A document that formally proves that something is true. Sometimes a borrower is asked to verify their income, financial stability, or that they intend to occupy a property.Veterans Administration (VA)
A government agency guaranteeing mortgage loans with no down payment to qualified veterans. Sometimes spouses of deceased veterans qualify for a VA loan.