RE Financing Ch.12 VA-Guaranteed Loans Quick Key Terms

  1. VA
    Veterans Affairs
  2. VA-guaranteed loan
    military service loan
  3. Guaranty amount
    lender loss recovered amount
  4. Funding fee
    VA loan fee
  5. Certificate of Eligibility
    eligibility for va loan
  6. VA entitlement
    guaranty amount available
  7. Substitution of entitlement
    VA borrower sells to other service member
  8. Notice of Value (NOV)
    appraisal report
  9. Residual income
    required income left over after debts
  10. Monthly shelter expense
    -housing expense
Author
Blue2xa88
ID
321760
Card Set
RE Financing Ch.12 VA-Guaranteed Loans Quick Key Terms
Description
va loans key terms
Updated