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VA vs. FHA Loan: Requirements and Costs
VA loans and FHA loans both aim to make homeownership more accessible, but they serve different groups and have distinct rules. VA loans, backed by the Department of Veterans Affairs, are available to ...
What is a VA renovation loan? A VA renovation loan is a type of VA home loan that finances both a home purchase and home improvements and repairs. You can also use one to refinance and fix up your ...
If you're a service member or veteran exploring homeownership, the VA loan is an excellent tool. VA home loans typically have no down payment or private mortgage insurance (PMI) requirement, and you ...
If you are a member of the military or a veteran, you probably qualify for a VA loan — a mortgage with no down payment, no private mortgage insurance and lower-than-average rates. These mortgages are ...
When buying a home, many service members and veterans have the unique advantage of using a VA home loan. While some families have used this benefit several times, others haven’t used it at all — often ...
I bought my first house in 2006, using a VA loan, and then eventually refinanced. I'm lucky to be a homeowner, especially with a 2.6% interest rate. I also feel guilty that none of my siblings can ...
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