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A VA home loan is a specialized type of mortgage backed by the US Department of Veterans Affairs only for veterans, military members, and surviving spouses. The VA interest rate reduction loans in South Carolina offer favorable qualifying terms. The loans are even offered to individuals with low credit scores.
However, VA loans are almost similar to other mortgage options but with a few expectations. This post dives into how VA home loans in Myrtle Beach, SC work and other important things that many borrowers don’t know.
How do VA home loans work?