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2. 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 ...

3. Private mortgage insurance (PMI): What it is and how it works

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

   Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. PMI must be terminated at a certain point in your loan term ...

4. VA loan pros and cons - AOL

   www.aol.com/finance/va-loan-pros-cons-180505984.html

   Lenders tend to charge lower rates for VA loans than they do on conventional loans, which means you can save a lot of money on interest in the long run, especially over a 30-year loan. VA home ...

5. VA loan - Wikipedia

   en.wikipedia.org/wiki/VA_loan

   PMI companies charge a fee to insure a mortgage loan; the VA insures a loan at no cost to a veteran buyer (other than the VA funding fee); the FHA charges a monthly fee to guarantee the loan. VA Loan application. The VA loan application is a standardized loan application form 1003 issued by Fannie Mae also known as Freddie Mac Form 65.

6. 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 ...

7. VA loans vs. conventional loans: What’s the difference? - AOL

   www.aol.com/finance/va-loans-vs-conventional...

   However, VA loan borrowers will need to pay a funding fee, a one-time charge ranging up to 3.3 percent of the loan amount. Conventional loans A conventional loan is the most popular type of mortgage .