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Zero down payment options up to $417,000. |
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VA Funding Fee can be financed; Funding Fee may be reduced with higher down payment; under certain circumstances, it may be waived by the VA. |
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Closing costs are similar or may be lower than other financing options. |
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No prepayment penalty. |
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Mortgage may be assumable if assumer’s creditworthiness is approved by the VA. |
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Financial counseling is offered to help veterans avoid losing their homes to foreclosure during times of temporary financial difficulty. |
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