Salvadore Dobraseri is a military veteran and has been told by a friend to check out a VA or FHA loan for the purchase of the home he and his wife are interested in. Why should he?

He should because VA and FHA provide loans for veterans and low income borrowers.

Explanation:

VA or FHA loan is a mortgage put in place for low income borrowers. The VA loan is backed by the United States Department of Veteran Affairs and is for military members serving in the United States military and the American veterans. The loans gotten can be used to buy single-family homes, multi-unit properties, condominiums or new construction. Rules are set for who is eligble for such loans.

The aim of the VA and FHA loan program is to provide home financing to veterans who are eligible and also low income borrowers by helping them buy properties with no down payments.

countries such as spain, france and portugal colonized the region. although most of latin america was colonized by spain, the countries of portugal and france also had major influences on the region. due to war and disease, native populations were decimated.