Real Estate Glossary

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VA loan
A mortgage loan that is guaranteed by the Department of Veterans Affairs (VA). In the event of a default on such a loan, the terms guarantee repayment to the lender.

vested
When an individual has a right to use a portion of a fund, such as an individual's retirement fund.

Veterans' Administration (VA)
A department of the federal government that guarantees loans made to veterans.

Michele Muir White R(S), ABR, SFR
Coldwell Banker Island Properties
100 Wailea Ike Drive, Suite 6
Wailea, HI 96753

Office: (808) 298-8448
Email: michelewhite@twc.com

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