DiscussionExplain why determining the ability to repay with documentation is more important for mortgage loans that it is for credit cards and auto loans. Give several reasons why the availability of

Explain why determining the ability to repay with documentation is more important for mortgage loans that it is for credit cards and auto loans.

Give several reasons why the availability of private mortgage insurance is beneficial for both the borrower and the lender. Respond to at least one other student's discussion submission.

Assignment

1. Explain the main differences between a VA mortgage loan and a FHA mortgage loan.