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Saturday, September 29, 2012

H.R. 1627 Improves VA Loans

H.R. 1627 Improves VA Loans
DIRECTVALOANS.COM

New law makes VA loans available to more surviving spouses, disabled vets and single parents, and VA loan limits return to $729,750 to over $1,000,000 for high-cost areas.

On August 6, 2012 President Obama signed The Honoring America’s Veterans and Caring for Camp Lejeune Families Act (H.R. 1627). The new law addresses some of the problems veterans have been facing recently including medical conditions caused by contaminated water used by families stationed at Camp Lejeune, North Carolina. The signed legislation also makes certain veterans benefits, like VA loans, more readily available.
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