When considering VA loans, the unique feature about down payments which are required is:
A: They are never more than 3% of the CRV;
B: There is no down payment;
C: They are determined by the CRV;
D: They vary according to the amount borrowed.
Answer: B: There is no down payment;
You might also like to view...
Which of the following is true of penetration pricing?
A) Penetration pricing is a variation of a premium pricing strategy. B) Penetration pricing is a mass-market strategy rather than a niche strategy. C) Penetration pricing is best used when there are no competitors in the market and entry is difficult. D) Penetration pricing is used in a market where product differentiation is high. E) Penetration pricing is most effective when potential customers are quality-sensitive rather than price-sensitive.
The shortest-route technique might be used by someone planning a vacation in order to minimize the required amount of driving
Indicate whether the statement is true or false