A disciplinary-risk review raises a question about VA loan eligibility and occupancy. Which action should the loan file reviewer recommend?
Correct Answer
A) Apply VA program rules rather than conventional PMI
VA-backed loans use VA eligibility, occupancy, guaranty, and funding-fee concepts. The best answer is "Apply VA program rules rather than conventional PMI".
Why This Is the Correct Answer
VA-backed loans use VA eligibility, occupancy, guaranty, and funding-fee concepts. The best answer is "Apply VA program rules rather than conventional PMI".
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