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january31,2009

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What are some government loans available to veterans?

The better known government loan available to veterans is the home loan guaranty service. This is used to help veterans purchase, and afford, a house for cheap.


Who's eligible for a VA-backed loan?

Veterans are eligible for a VA-backed loan. Veterans who were released are also eligible for VA-backed loan.


What is the definition of a VA mortgage loan?

The definition of a VA mortgage loan is a loan that is guaranteed by the Veterans Administration. The purpose of this loan is to assist veterans and their families in obtaining home financing.


Does the IRR pay for college courses?

The Interest Rate Reduction Refinance Loan (IRRRL), often referred to as a VA Streamline Refinance, does not pay for college courses. It is a loan program designed to help veterans refinance their existing VA loans to obtain better interest rates or terms. For education-related funding, veterans may explore the GI Bill or other education assistance programs offered by the Department of Veterans Affairs.


Are you a veteran who can use a VA Loan?

No, I am not a veteran who can use a VA Loan. However, if you are looking to reach a large amount of veterans, theveteransbusinessdriectory.com is an excellent source of veterans who might be in need of a VA loan.


What program was created for veterans?

Coinciding with the jump in demand was the development of the Veterans Administration Home Loan Guaranty Program in 1944. Using a Veterans Administration (VA) loan, war veterans were able to obtain mortgage loans with little or no down payment.


What is the purpose of a Black Horse Loan?

The purpose of a Black Horse Loan is to allow financial capability and the funding to purchase an expensive item that is beyond the normal limits of one's own finances. A Black Horse loan provides a loan for purchasing such items as an automobile. One can determine the length of returning payment.


Where did sam Walton get funding for walmart?

His first Walmart was funded through a bank loan. You can get more information on the Guardian website.


What is recourse funding?

Recourse funding is a type of loan for which collateral is placed. The difference between recourse and non-recourse funding is that in recourse funding, if the collateral sells for less than the amount left on the loan, the lender can go after other assets. In non-recourse funding, the lender would have to absorb the loss.


What are funding costs?

Funding Costs: These costs are charges which any company pay to the lender for taking the loan for it's business and workings. For Example interest on loan etc


What provided free education and loan guarantees to veterans?

The G.I Bill provided free education and loan guarantees to veterans. The G.I. Bill was started in 1944, it was updated in 1966.


What is a non purchase money loan?

A purchase money loan is a loan usually used to buy a home. A non purchase money loan is a loan for other reasons where the lender does not know what is being bought.