Finance
Which of the following statements about VA loans is TRUE?
AVA loans require a 10% down payment
BVA loans are available to all homebuyers
CVA loans require no down payment for eligible veterans✓ Correct
DVA loans must be approved by AREC
Explanation
VA loans are available to eligible veterans, active-duty service members, and surviving spouses. They typically require no down payment and no private mortgage insurance.
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