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  2. How to get preapproved for a mortgage - AOL

    www.aol.com/finance/preapproved-mortgage...

    In general, lenders like to see a mortgage payment taking up no more than 28 percent of your gross monthly income and your total debt payments (which include credit cards, car loans and other ...

  3. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    VA loan: The VA guarantees ... That said, many first-time buyers go with a 30-year, fixed-rate mortgage because the monthly payments are lower and more predictable. Two popular 30-year fixed-rate ...

  4. How to get a VA home loan - AOL

    www.aol.com/finance/va-home-loan-194111486.html

    While FHA loans require a down payment of at least 3.5 percent of the purchase price, VA loans will let you borrow the money without contributing any money from your savings – making these much ...

  5. How to shop for a mortgage without hurting your credit score

    www.aol.com/finance/shop-mortgage-without...

    A conventional loan and VA loan typically require a credit score of at least 620, however, VA loans have no set minimum limit. You can qualify for an FHA loan with a minimum 580 credit score and ...

  6. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387

  7. VA home loan requirements for 2024 - AOL

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

    Key takeaways. To get a VA home loan, you must be a service member, veteran or qualifying surviving spouse with a Certificate of Eligibility. VA home loans have no down payment requirements but ...

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