Salvadore Dobraseri is a military veteran and has been told by a friend to check out a VA or FHA loan for the purchase of the home he and his wife are interested in.Why should he?
A) Generally,they will pay a lower interest rate.
B) A smaller down payment is required.
C) There are less strict financial requirements for the loan.
D) Veterans are required to obtain this type of mortgage.
E) A,B,and C above
Correct Answer:
Verified
Q192: A _ mortgage is designed to let
Q193: According to the Keown book,how does a
Q194: The two most common types of two-step
Q195: The two primary advantages of a 15-year
Q196: Ben recently paid off his school loans
Q198: Subprime,or nonprime,mortgages are taken out by borrowers
Q199: Rhonda is buying a second home to
Q200: Private mortgage insurance is designed to protect
Q201: List three pros of an assumable loan.
Q202: What are some factors that determine whether
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents