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Archive for February, 2011

VA loans help you to buy your dream home

By JasonHolmes On February 28, 2011 No Comments

A Veteran Administration or VA loan is mainly for those people who have been in military service for a minimum of 181 days or 3 months during the war and had also got the discharge from the service with an “honor” status. Other than the people who have directly served in the military, the people who spent at least 6 years with National Guard or Reserves and also the spouses of the military personnel who have got killed during their service may also be able to get the advantage of these loans.

Requirements for getting a VA loan

The VA loans are insured by the federal government and are available at low interest rates with no down payment requirement option. These loans also provide you with 100% financing. The interest rate on VA loans is based on several factors, like your credit history. However, the interest rates are generally highly competitive. The

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