FHA or VA help lower-income individuals buy homes

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Reference no: EM131562467

How does the FHA or VA help lower-income individuals buy homes (Select the best answer below.)

A. FHA loans require higher down payments and often carry higher interest rates. Veterans Administration, or VA loans, provide a similar service for U.S. military veterans.

B. FHA loans require lower down payments and often carry lower interest rates. Veterans Administration, or VA loans, provide a similar service for U.S. military veterans.

C. Veterans Administration, or VA loans, require lower down payments and often carry lower interest rates. Federal Housing Administration loans, or FHA loans, provide a similar service for U.S. military veterans.

D. FHA loans require lower down payments and often carry lower interest rates. Veterans Administration, or VA loans, provide a similar service for orphaned children of U.S. military veterans.

Reference no: EM131562467

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