American_Bankers_Association
CTFA · Question #245
It is a guarantee offered by the U.S Veterans Administration to lenders who make qualified mortgage loans t eligible veterans of the U.S. Armed Forces and their unmarried surviving spouses. What is…
The correct answer is C. VA loan guarantee. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
It is a guarantee offered by the U.S Veterans Administration to lenders who make qualified mortgage loans t eligible veterans of the U.S. Armed Forces and their unmarried surviving spouses. What is it?
Options
- ABuydown
- BFHA mortgage
- CVA loan guarantee
- DBiweekly mortgage
How the community answered
(35 responses)- A3% (1)
- B9% (3)
- C86% (30)
- D3% (1)
Topics
#VA loan guarantee#mortgage products#veterans benefits#real estate financing
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