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FHA Loan or a VA
Loan?
Most times No down payment Required.
You may be able to borrower 100% of
the sale price. Current loan limit is
$240,000. There usually is an Upfront
Mortgage Insurance premium but no
monthly mortgage insurance premium.
Appraisers are chosen and approved by
VA. During financial difficulties VA
works hard to keep the Va borrower in
their home.Single family home,
townhouse, condominium unit,
Manufactured home. You may also be
able to use Va loans for new home
construction and previously occupied
home rehabilitation
VA Certificate of eligibility (go to
va.gov. to get a new one) |
