Finance
A West Virginia VA loan is available to eligible veterans and offers which key benefit?
ABelow-market interest rates set by the VA
BNo down payment requirement for eligible buyers up to the conforming loan limit✓ Correct
CElimination of all closing costs
DA 50-year loan term
Explanation
VA loans, guaranteed by the U.S. Department of Veterans Affairs, allow eligible West Virginia veterans to purchase homes with no down payment up to conforming loan limits. The VA guarantee protects the lender against default.
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