Underwriting | |
The process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower's creditworthiness and the quality of the property itself. |
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Unsecured Loan | |
A loan that is not backed by collateral. |
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U.S. Department of Veterans Affairs (VA) | |
The Veterans Administration is a federal government agency authorized to guarantee loans made to eligible veterans under certain conditions. To obtain more information, you can contact the U.S. Department of Veterans Affairs. |