A veteran might be able to buy a home with no down payment with:
A) FHA mortgage insurance.
B) a VA loan guarantee.
C) a buydown.
D) a conventional mortgage.
E) a graduated-payment mortgage.

Question

Quizplus · Accepted Answer

A VA loan guarantee provides eligible veterans with the opportunity to purchase a home with no down payment. This is a benefit specifically for veterans and is not available through other types of mortgages such as FHA, conventional or graduated-payment. A buydown is a program where the borrower pays an initial fee to lower the interest rate for the first few years, but it still requires a down payment.

A Veteran Might Be Able to Buy a Home with No