Distinguish between the release of liability for a veteran, Finance Basics

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Distinguish between the release of liability for a veteran

1. What charges must a borrower pay for a HUD/ FHA-insured commitment?

2. How are interest rates determined on HUD/ FHA loans? On VA loans?

3. What are the assumption requirements now in effect for HUD/FHA loans? For VA loans?

4. Distinguish between the release of liability for a veteran and the restoration of entitlement.

5. What is the purpose of the HUD/FHA 203(k) Rehabilitation Home Mortgage Insurance program?

6. What charges, if any, must a veteran pay for a loan guaranty?

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Finance Basics: Distinguish between the release of liability for a veteran

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Finance Basics: Distinguish between the release of liability for a veteran

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