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Show VA Home Loans now 13 loans not over $2,500 for necessary site preparation to a lot already owned by the veteran, and the 17 percent rate for loans to finance simultaneous acquisition of a mobile home a nd lot and-or site preparation to make a site acceptable for a mobile home. The new 13 percent basic home-loan rate applies to loans approved prior to April 28 on which the commitment is outstanding but the loan hadn't been closed, the loan guaranty officers said. The Veterans Administration Ad-ministration basic home-loan home-loan guarantee rate has dropped to 13 percent, effective ef-fective April 28. The 1 percent reduction followed six successive rate hikes during the previous 12 months. Lowering of the basic home-loan rate to 13 percent didn't affect four other VA loan rates which were announced an-nounced in mid-April, noted VA loan guaranty officers for the Colorado-Wyoming, Utah and New Mexico areas. Those exceptions, which were effective from April 16 : loans guaranteed by the VA which specify an interest rate higher than 13 percent, the interest rate of 17.5 percent on mobile home loans, the 15 percent rate for |