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VA Loans could be used to purchase, build or refinance an existing home or condo that's approved by the VA.To be suitable for a VA Loan, the vet or their better half must personally occupy the property as their primary residence. The maximum VA Loan Limit for 100 percent financing varies from county to county through the US.

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The Veterans Administration ( VA ) Home loan Guarantee is among the most popular and successful benefits available to service members and veterans. In just the past year alone, the VA has guaranteed just about 336, 000 home loans. It isn't surprising because at the guts of the programme is the guarantee of purchasing a home with little or no money down.

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This refinance programme is a government backed mortgage for active duty and previous service veterans who already have an existing VA loan. It provides you a fast, simple and hassle free way to refinance your present VA Home Loan so you can milk lower interest rates.