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2. VA closing costs: What are they and how much do they cost? - AOL

   www.aol.com/finance/va-closing-costs-much-cost...

   There is no mortgage insurance on VA loans – Mortgage insurance tacks on a significant upfront cost for borrowers with FHA loans — 1.75 percent of the loan amount. With VA loans, though, there ...

3. How to get a VA home loan - AOL

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

   After closing, the VA will return your certificate of eligibility with a note stating that you have used (all or part) of your VA mortgage loan entitlement. Qualified borrowers can use their ...

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

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

   Entitlement is the amount of the VA loan the VA will guarantee to the lender if you default. There are two types: basic entitlement, which is up to $36,000 for loans worth less than $144,000 or 25 ...

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 loan benefits and disadvantages - AOL

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

   VA home loan closing costs might be less than those for other loans, as well, since the VA limits the origination fee a lender can charge to no more than 1 percent of the mortgage. Easier ...

7. FHA insured loan - Wikipedia

   en.wikipedia.org/wiki/FHA_insured_loan

   The basic FHA mortgage insurance program is Mortgage Insurance for One-to-Four-Family Homes (Section 203(b)). [24] FHA allows first time homebuyers to put down as little as 3.5% and receive up to 6% towards closing costs. However, some lenders won't allow a seller to contribute more than 3% toward allowable closing costs.

8. Veterans Benefits Administration - Wikipedia

   en.wikipedia.org/wiki/Veterans_Benefits...

   VA does not directly provide loans but instead facilitates the loan process by offering a partial guaranty of loans made by private lenders. This guaranty replaces the need for a substantial down payment and private mortgage insurance required in conventional mortgage transactions.

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

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

   The one section that might need some deciphering is the two-digit entitlement code. This code refers to when you served or other circumstances that make you eligible for a VA loan. There are 11 ...