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.