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2. VA loans: What they are and how they work - AOL

   www.aol.com/finance/va-loans-200043770.html

   VA loans can have term lengths of 10 to 30 years, with a fixed or adjustable rate. VA loan interest rates vary from lender to lender and by borrower, but are sometimes lower than those on ...

3. What is a VA streamline refinance (VA IRRRL) and how ... - AOL

   www.aol.com/finance/va-streamline-refinance-va...

   “The VA IRRRL is an option that enables homeowners to refinance a previously existing fixed-rate VA home loan to a new one, typically with a lower interest rate,” says Robert Greenbaum, chief ...

4. VA closing costs: What are they and how much do they cost? - AOL

   www.aol.com/finance/va-closing-costs-much-cost...

   There is no mortgage insurance on VA loans – Mortgage insurance tacks on a significant upfront cost for borrowers with FHA loans — 1.75 percent of the loan amount. With VA loans, though, there ...

5. VA loan - Wikipedia

   en.wikipedia.org/wiki/VA_loan

   A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and ...

6. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   In general, total monthly repayments on the second mortgage are lower than that of the first mortgage. This is due to the smaller amount borrowed in the second mortgage compared to the primary loan rather than the difference in interest rate. Second mortgage interest rates are typically higher due to the related risk of such loans. [10]

7. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   If one borrows $250,000 at a 7% annual interest rate and pays the loan back over thirty years, with $3,000 annual property tax payment, $1,500 annual property insurance cost and 0.5% annual private mortgage insurance payment, what will the monthly payment be? The answer is $2,142.42.