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Which of the following fits the description? "a mortgage loan available for military service members, veterans, and eligible surviving spouses; which often comes with better terms than a traditional mortgage."

A. VA Loans
B. FHA Loans
C. Military Service Loan (MSL)
D. Adjustable-Rate Mortgage (ARM)

User Georstef
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1 Answer

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Final answer:

VA Loans are mortgage loans available for military service members, veterans, and eligible surviving spouses, often with better terms than traditional mortgages.

Step-by-step explanation:

The mortgage loan that fits the given description is VA Loans. VA Loans are mortgage loans available for military service members, veterans, and eligible surviving spouses. They often come with better terms than traditional mortgages. VA Loans are backed by the Department of Veterans Affairs (VA) and offer benefits such as lower interest rates, flexible qualification requirements, and no down payment options for eligible borrowers.

User Kelcey
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