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Reload this Page Calvet home loans....? (financing, buying, 100,000, APR)
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Old 11-04-2008, 06:48 AM
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Default Calvet home loans....?
Anyone an expert in this area? I looked at thier site and it seems about the same deal as a VA loan. Lowest apr was 5.95 % and right now the lowest VA loan is 6.0&....

Just wondering if there is really any big difference between the two?
Last edited by sfw1979; 11-04-2008 at 06:57 AM.. Reason: add
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Old 11-04-2008, 06:59 AM
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LTV is loan to value. So if you are buying a home for lets say $100,000 and you put down 20%, your loan to value would be $80,000 loan / $100,000 value = 80% ltv

If you can qualify on a VA loan, that would be the best way to go. VA still offers 100% financing, great rates and no monthly mortgage insurance.
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