Question: You are originating a loan for a couple purchasing a home using their VA loan benefit. The sales price is $320,000, and they're financing 100%
You are originating a loan for a couple purchasing a home using their VA loan benefit. The sales price is $320,000, and they're financing 100% of the purchase price. Assuming that the enlisted servicemember has a typical level of entitlement, how much of the couple's loan does the VA guarantee?
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The VA guarantees up to 25 of a VA loan ... View full answer
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