Www.veteransresources.org
The Lender Can. The lender can offset part or all closing costs with a lender credit. Lenders can offer a credit to a borrower by adjusting the borrower's interest rate. It's like paying a point to get a lower interest rate but in reverse. For example, a VA borrower applies for a 30 year fixed rate VA mortgage and is offered a 3.75 percent rate. ................
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