Originally Posted by muckinfuss
VA has been doing those loans for many, many, many years. No PMI either. Seem to be working out ok.
VA rents to responsible people (i.e. vets). That's the difference.
These loads are what caused the housing bubble to burst and the resulting Depression of 2008.
Remember the famous quote from Einstein.
We are all doomed.
If things continue to 2024 we'll all be lower class and the government will take care of us all.
The Greatest Generation is spinning in their graves.