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  2. 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 ...

  3. 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 ...

  4. Subordination (finance) - Wikipedia

    en.wikipedia.org/wiki/Subordination_(finance)

    In the automotive financing industry, many dealerships are allowed to designate personal loans which are payable to the ownership as subordinable debt. The finance institution and dealership may come to an agreement which allows this debt to stay within the confines of the financial statement and concurrently improve the dealership financial ...

  5. VA Certificate of Eligibility: What it is and how to get one

    www.aol.com/finance/va-certificate-eligibility...

    A VA loan certificate of eligibility (COE) is the first step toward getting a VA loan. The U.S. Department of Veterans Affairs provides the COE, which serves as evidence that you meet the VA loan ...

  6. VA loan benefits and disadvantages - AOL

    www.aol.com/finance/va-loan-pros-cons-180505984.html

    The VA doesn’t set a credit score minimum for borrowers, but some VA lenders might. Generally, this is around 620, the same as a conventional loan — though many may allow for lower scores.

  7. Participation loan - Wikipedia

    en.wikipedia.org/wiki/Participation_loan

    Selling loan participations allows a bank to reduce its credit risk to a customer or specific community that entails greater than average risk. [ 2 ] Selling participation loans allows the lead bank to keep control of more of an important customer relationship or even an entire customer relationship of large customers of the bank, instead of ...

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