The amount of a VA home loan guarantee (veteran's entitlement) is calculated
A) the same as a HUD/FHA insured commitment.
B) at a flat $27,500 regardless of loan amount
C) at 90% of the Certificate of Reasonable Value
D) on a sliding scale based on a decreasing percentage of the loan amount
Correct Answer:
Verified
Q1: In the language of HUD/FHA, "upfront mortgage
Q2: An assumption of a VA loan made
Q3: Which of the following cash required to
Q4: FHA loans originated on or after December
Q6: To qualify property to be pledged as
Q7: Which FHA Program Section has been phased
Q8: When a VA loan has been properly
Q9: The Federal Housing Administration implements its programs
Q10: Loan Limits Based on Geographic Location for
Q11: Which of the following Federal legislation gives
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