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Explore Government Loans - FHA, VA, USDA with 55 views, 1 likes, and 0 comments. Experience the impact of this video content that has captured audience attention.

https://www.CornerstoneRealEstateAcademy.com. This video outlines key features of government-backed home loans, primarily focusing on FHA, VA, and USDA loans. It highlights that while FHA loans are government-insured and require Mortgage Insurance Premiums (MIP) for the loan's duration, they offer a low down payment option. VA loans, guaranteed by the government for veterans, allow for 100% financing and are assumable, though eligibility is capped and a Certificate of Reasonable Value (CRV) can affect the financed amount. Lastly, USDA loans are for properties in rural areas and also provide 100% financing, but like FHA, they require MIP. All discussed government loans prohibit prepayment penalties.

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