Finance
A VA loan benefit available to eligible Pennsylvania military veterans includes:
ANo down payment required and no private mortgage insurance✓ Correct
BA guaranteed maximum interest rate of 3%
CForgiveness of the loan after 10 years of service
DFree title insurance paid by the VA
Explanation
VA loans offer eligible veterans significant benefits: no down payment required (up to the conforming loan limit), no private mortgage insurance (PMI), competitive interest rates, and limited closing costs. A VA funding fee is charged but can be financed into the loan.
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