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At the time of publication, Brad and Melinda were in the process of switching lenders. They found another lender who did not require any reserves on VA loans. Frankly, he was scratching his head over the whole thing, Melinda added.
He looked at our credit scores and other qualifications, and could not imagine why BofA would require so much money in reserves. I guess its true what they say.
It pays to shop around. Why VA Buyers Might Need Cash Reserves.
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