Finance
A VA loan is available to:
AAll first-time homebuyers with good credit
BActive duty military, veterans, and eligible surviving spouses✓ Correct
CVeterans who earn less than the area median income
DOnly veterans purchasing homes in rural areas
Explanation
VA loans are available to eligible active duty service members, veterans, and surviving spouses of service members. VA loans require no down payment and no PMI, and are guaranteed by the Department of Veterans Affairs.
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