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  • Official Know-It-All
    Any residential property for sale is eligible for a VA loan, as long as the veteran personally lives there. The federal government will guarantee a portion of the loan to the veteran's lender, typically in attempt to secure favorable terms for him or her. The percentage of guarantee will range from 25 to 50 percent, depending on the loan amount.

    Source:

    U.S. Department of Veterans Affairs

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