Before the file moves forward, Gray must resolve an issue involving VA loan eligibility and occupancy. What should happen?
Correct Answer
C) 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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