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2. VA loan - Wikipedia

   en.wikipedia.org/wiki/VA_loan

   A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

3. VA loans: What they are and how they work - AOL

   www.aol.com/finance/va-loans-200043770.html

   Key takeaways. VA loans are mortgages guaranteed by the U.S. Department of Veterans Affairs, available to eligible veterans, active-duty service members and surviving spouses. VA loans can be used ...

4. VA loan down payment: Definition and requirements - AOL

   www.aol.com/finance/va-loan-down-payment...

   With no down payment (or a down payment of less than 5 percent), the funding fee would be 2.15 percent of that amount, or $7,310. If you were to make a down payment between 5 percent and 10 ...

5. A Guide to the VA Home Loan for 2022 - AOL

   www.aol.com/guide-va-home-loan-2022-120518874.html

   The limit is based on the county where you live and the Federal Housing Finance Agency has a site to figure it out. Typically, in 2022 it is $647,200 but higher in some areas where it is $970,800 ...

6. Lenders mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Lenders_mortgage_insurance

   Lenders mortgage insurance. Lenders mortgage insurance ( LMI ), also known as private mortgage insurance ( PMI) in the US, is a type of insurance payable to a lender or to a trustee for a pool of securities that may be required when taking out a mortgage loan. Its purpose is to offset losses in the case where a mortgagor is not able to repay ...

7. How to get rid of private mortgage insurance (PMI) - AOL

   www.aol.com/finance/rid-private-mortgage...

   You must do the following to cancel PMI: Make the PMI cancellation request to your lender or servicer in writing. Be current on your mortgage payments, with a good payment history. Meet other ...