When applying for a home loan, a large amount down is generally required. However, there are a few ways to get into a home without putting a lot down. one way is to get a VA loan or a Veterans loan. these loans are guaranteed to a certain dollar amount. this guarantee can act as a down payment of sorts meaning that you can get a great home without having to put so much money down. this can result in qualifying for a loan or getting a better interest rate.
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A Guide to VA Loans
Source: http://www.finance4noobs.com/a-guide-to-va-loans/
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