Finance
A NJ borrower seeking a VA loan must:
ABe a first-time homebuyer
BBe an eligible veteran, active duty service member, or qualifying surviving spouse✓ Correct
CPurchase in a rural area only
DHave a minimum credit score of 720
Explanation
VA loans are available to eligible veterans, active duty service members, National Guard members, reservists, and qualifying surviving spouses. There is no first-time buyer requirement or geographic restriction.
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