FinanceCâu 77 / 120
A key benefit of a VA-guaranteed loan for eligible veterans is that it:
a.Often requires no down payment
b.Requires a minimum 20% down payment
c.Is available to all buyers regardless of service
d.Charges the highest interest rates by law
Giải thích
VA loans, guaranteed by the Department of Veterans Affairs, often allow eligible veterans to purchase with no down payment. They are limited to qualified veterans, service members, and certain spouses.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The four components commonly abbreviated as 'PITI' in a monthly housing payment are:
- Private mortgage insurance (PMI) on a conventional loan is generally required when the borrower's down payment is:
- A loan that is insured by the Federal Housing Administration is called a(n):
- In an adjustable-rate mortgage (ARM), the interest rate is periodically adjusted based on a specified:
- Discount points paid to a lender at closing are typically used to:
- The federal law that requires lenders to disclose the annual percentage rate (APR) and total finance charges to consumers is the:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với Texas Real Estate Sales Agent Licensing Exam · Quy trình kiểm tra