Many consumers are eligible to purchase a home with a VA loan which guarantees the lender against a loss in the event of a default. It also provides favorable financing terms to the borrower, such as the purchase of a home with no down payment necessary. However, there are other important facts to know about […]
VA loans are popular with eligible veterans because they do not require a down payment which is otherwise needed for other types of loans. Even with 100% financing, a VA loan also does not require a monthly mortgage insurance payment. However, there are many questions surrounding the VA funding fee. Here is an explanation of […]
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