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  2. How does a condo mortgage work? - AOL

    www.aol.com/finance/does-condo-mortgage...

    You can search for VA-approved condos in your state through the U.S. Department of Veterans Affairs (VA) search tool. Simply check off “Approved” and then select your state for a list of projects.

  3. How to get a VA home loan - AOL

    www.aol.com/finance/va-home-loan-194111486.html

    While FHA loans require a down payment of at least 3.5 percent of the purchase price, VA loans will let you borrow the money without contributing any money from your savings – making these much ...

  4. VA loans: What they are and how they work - AOL

    www.aol.com/finance/va-loans-200043770.html

    For 2024, the limit in most counties is $766,550. In more expensive areas, that limit can go up to $1,149,825. Lastly, you can only use a VA loan with a primary residence; investment properties ...

  5. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

  6. VA home loan requirements for 2024 - AOL

    www.aol.com/finance/va-home-loan-requirements...

    The VA doesn’t heavily regulate the loans it backs or set borrower qualifications, but the lender issuing the VA loan applies its own underwriting criteria. As a result, factors like an ...

  7. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Mortgage loan financing relies more on secondary mortgage markets and less on formal government guarantees backed by covered bonds and deposits. [8] [9] Prepayment penalties are discouraged by underwriting requirements of large organizations such as Fannie Mae and Freddie Mac. [8] Mortgages loans are often nonrecourse debt, unlike most of the ...

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