Explain va mortgage loan vs a fha mortgage loan

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Question 1: Explain why determining the ability to repay with documentation is more important for mortgage loans that it is for credit cards and auto loans.

Question 2: Give several reasons why the availability of private mortgage insurance is beneficial for both the borrower and the lender. Respond to at least one other student's discussion submission.

Question 3: Explain the main differences between a VA mortgage loan and a FHA mortgage loan.

Reference no: EM132583650

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