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Old 10-05-2005, 02:06 PM
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Lightbulb What is VA loan?

Veterans Administration (VA) loans are available to qualified veterans, reservists, and active servicemen and women. These loans allow you to secure a mortgage up to a specified amount with no down payment and with flexible qualifying guidelines. The loans typically offer lower interest rates than you would find on any other mortgage. An application, a veteran's certificate of eligibility, and a VA assigned apprasial are required.

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