The squeezing, entanglement, and statistical properties of cavity modes produced by V-type three-level laser coupled to squeezed vacuum reservoir were studied employing the steady state solutions of the expectation values of the cavity mode operators. The study showed that a light in squeezing state can be produced by the system under consideration under the condition that the cavity decay constant is larger than linear gain coefficient and the squeezing occurs in the plus-quadrature. The

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... modes do not exhibit entanglement properties. It is also observed that the degree of squeezing increases with the linear gain coefficient and squeezing parameter. We also determined the mean and variance of the photon number, intensity difference fluctuations, and the second order correlation function of the two modes. The mean and variance of the photon number as well as the correlation function of two modes decrease as the difference of the probability of the two states at initial time increases. The photons have super-poissionian statistics. The point, η, at which the maximum intensity difference fluctuation occurred depends on linear gain coefficient but not squeezing parameter. The result shows that the correlation of the two modes decreases as η the linear gain coefficient and squeezing parameter.