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The VA does not actually lend anyone money; it backs these loans and reimburses private lenders if borrowers default on them. Because this provides a safety net for these lenders, VA loans are widely available and at a reasonable cost. VA Mortgage lenders offer a variety of home loans that cover a broad range of needs, including:
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Best Mortgage Lenders and Refinancing Companies. – HomeDirect Mortgage is an online-only lender. They offer conventional, refinance and VA loans. These can be purchase, refinance, cashout refinance or HELOC loans.
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Mortgage: Which mortgage is for you? Conventional, FHA, VA – · The VA does not lend money but guarantees loans made by private lenders. Cost: The VA charges an up-front VA funding fee, which can be rolled into.
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