Graduate Readings Course Fall 2006
The existing VA loan was originally made for $110,000 with a guaranty of $27,500, or 25 percent. The new IRRRL is for $112,000. The guaranty on the new loan is $28,000 or 25 percent, but the veteran’s entitlement use remains at $27,500. Example Of New Loan Amount Less Than Old Loan ................
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