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It would be paid for by extending pension reductions for Medicaid-eligible veterans in nursing facilities and continuing fees on VA-guaranteed home loans. The funding deal. Charleston, S.C.; Corpus.
Most VA lenders will allow a cash-out loan amount up to 90 percent of the appraised value (up to 80 percent in Texas). For example, a borrower has a loan amount of $100,000 and wants to refinance to a.
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This all started last year as an investigation into loan churning, which was spurred by a letter from Sen. Elizabeth Warren, D-Mass., who cited a report from the Consumer Financial Protection Bureau.
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