Finance
A VA loan benefit available to eligible veterans and service members includes:
AA requirement for at least 5% down payment
BNo down payment requirement and no PMI✓ Correct
CBelow-market interest rates set by the VA
DUnlimited loan amounts with no restrictions
Explanation
VA loans offer eligible veterans and active-duty service members the ability to purchase a home with no down payment and without private mortgage insurance (PMI), making homeownership more accessible.
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