VA Home Loan Basics – Introduction To The VA Loan Program

10 VA Home Loans 28 VA Entitlement + Down Payment Example • $500,000 purchase price in a county where the maximum FHFA loan limit is $417,000 • $500,000 - $417,000 = $83,000 of uninsured loan • $83,000 x 25% down payment = $20,750 • 4.15% down payment meets GNMA guidelines to meet the 25% total coverage on the loan VA Home Loans 29 ................
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