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A VA loan benefit for eligible Vermont veterans includes:

Correct Answer

A) No down payment required

VA loans offer 100% financing with no down payment. The VA guarantees a portion of the loan but does not set interest rates or eliminate all closing costs.

Answer Options
A
No down payment required
B
No closing costs
C
Free home repairs
D
Guaranteed below-market rates

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Background Knowledge for Financing

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Related Topics & Key Terms

Related Topics:

FHA-comparisonfunding-feeeligibility

Key Terms:

VAno downguaranteefunding feeveteran
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