What are fhas and vas roles in the mortgage market

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Reference no: EM131655009

Instructions: Please post your response to the following questions:

What are FHA's and VA's roles in the mortgage market?

Explain what is meant by an amortizing mortgage.

Lara is buying a new home with a mortgage loan for $186,500 at 6.5 percent annual interest with a term of 30 years.

What is the amount of the monthly payment necessary to amortize this debt? Instructions:

Your initial post should be at least 250 words.

Reference no: EM131655009

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