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Show Returning Veteians Vetelans V VCtCl CtCl ans Can Buyor Buy or B Build Iild Homes With Fcdel Federal FC ( a ] Aid In one sect on ot of the G I Bill Billof Bllof ! of R ghts congress recoen recogn zed zcd that thatone thatone thaone one of ot the most fundamental fundamntal ( hope hopes hopesof ; ot of the returning veteran w 11 II be foia for fora fora a good home It provides that the th thFederal < Federal theFederal Federal Government through the theAd theAd thiAd Ad ninistralor ninlstrator ninestrator of Veterans Affairs Affairsw Affairsw11 w II 11 guarantee guarantce up to 50 per cent or ora ora o : a max mum of $2 2 $ d . ! 000 loai loar boar s made mnde to toveterans toveterans t tveterans < veterans tor for the purchase construc construe constructlOn construetion construetion tlOn tion repair or improvement of ofhomes ofhomes ohomes homes or tor for paying paymg oil over dui due duiebts duecebts duedebts cebts debts ! ebts taxes or spec al assessment assessments : . on homes ov ned by veteransWhere veteransWhere veterans veteransWhere Where a veteran on his o 0 vn be behalf behalf behalf half secures a first mortgage on his hishon hislion hi ; hon lion e a from a Federal agei ager cy or undor un under under der Federal insurance he also can canborrow canborrow caiborrow borrow a down payment thiough thlOugh through a asecond asecond .second second . second loan up to (2 2 $2 ( $ 000 fully guar guaranteed guaranteed guaranteed anteed by the Federal rederal Govelnment Government GovelnmentThe GovernmentThe GoveinmentThe The la law 1'1 11 ' lln IIn tin ts is the iiteu.kt iiteukt i1telut iiteust . rlftes rates rlfteswh rateswh rite ; wh cb ch may be charged chargcd and requ re5 res re5repayment resrepayment re.repayment rerepayment . repayment w th n 20 yearsA yearsA years yearsA A veteran can buy a home withouthaving without withouthavmg withouhaving havmg having the ready money tor for a i down payment If U he has a job or In Income income Income come which will enable h m to re repay repay pay repay h s 10 loan ln < on easy terms over a lor for alor afor g per od of time The bill bell also als < alsri.qu alsort.qu ri.qu riqu rt.qu rtqu . . . res that the purchase pnce price and pnciand pnceand priceand repayment terms tor for homes homefinanced homesfinanced financed under 1I tle tie reasonable e act be reason reasonable reasonable able and that the proper propert pro pert ! es be suit suitable suitable able suitable for ( or dwellng dwellrig dwell ng rig purposes purposesIt It is estimated that about 1400 1 400 OOU 000 000marr OOUmarr 001marr marr ed men In the armed service servIces servIcesw ; w 11 need houses atleitheir aftertheir immediately after their return to civil i , \ I fp fe |
