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By Nikki Thomas

Buyer's Guide: What Is a VA Loan?

Read about all the varieties and benefits of VA loans and who is eligible.

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Purchasing a house requires a significant amount of cash. Fortunately, veterans and military service personnel who wish to purchase a house are awarded a unique opportunity by the government: the Veteran Affairs Loan (VA loan). This is the only mortgage option that doesn’t require a down payment and is available to borrowers with low credit scores....
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