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2. Due-on-sale clause - Wikipedia

   en.wikipedia.org/wiki/Due-on-sale_clause

   Due-on-sale clause. A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to call the note due in such a circumstance.

3. Mortgage assumption - Wikipedia

   en.wikipedia.org/wiki/Mortgage_assumption

   Mortgage assumption. Mortgage assumption is the conveyance of the terms and balance of an existing mortgage to the purchaser of a financed property, commonly requiring that the assuming party is qualified under lender or guarantor guidelines. [1] All mortgages are potentially assumable, though lenders may attempt to prevent the assumption of a ...

4. Deed of trust (real estate) - Wikipedia

   en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

   In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee, who holds the property as security for a loan (debt) from the lender to the borrower. The equitable title remains with the borrower. [1] The borrower is referred to as the trustor, while the lender is referred to as the beneficiary.

5. VA loan down payment: Definition and requirements - AOL

   www.aol.com/finance/va-loan-down-payment...

   Let’s say you’re a first-time homebuyer planning to take out a VA loan for $340,000. With no down payment (or a down payment of less than 5 percent), the funding fee would be 2.15 percent of ...

6. VA home loan requirements for 2024 - AOL

   www.aol.com/finance/va-home-loan-requirements...

   These are the main requirements for getting a VA-backed purchase loan: You must be entitled to and obtain a Certificate of Eligibility (COE) based on your military service record, including ...

7. Veterans Benefits Administration - Wikipedia

   en.wikipedia.org/wiki/Veterans_Benefits...

   va.gov/benefits. The Veterans Benefits Administration (VBA) is an agency of the U.S. Department of Veterans Affairs. It is responsible for administering the department's programs that provide financial and other forms of assistance to veterans, their dependents, and survivors. Major benefits include veterans' compensation, veterans' pension ...