When a VA loan has been properly assumed, a veteran has a right to a release of liability upon meeting all of the following requirements EXCEPT
A) loan must be currently paid
B) property must be sold to another veteran
C) purchaser must be qualified to buy
D) purchaser must agree to assume the loan
Correct Answer:
Verified
Q2: An assumption of a VA loan made
Q3: Which of the following cash required to
Q4: FHA loans originated on or after December
Q5: The amount of a VA home loan
Q6: To qualify property to be pledged as
Q7: Which FHA Program Section has been phased
Q9: The Federal Housing Administration implements its programs
Q10: Loan Limits Based on Geographic Location for
Q11: Which of the following Federal legislation gives
Q12: Under FHA procedures, all of the following
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