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Personal Loans Guide - Bankrate.com

With personal loans, funding is distributed in a lump-sum payment. When you receive your loan, you’ll receive the entire amount at once and begin paying it back in monthly installments.

The Ultimate Guide to VA Loans and Veteran Financial Benefits

1. VA Loans Overview. VA mortgages have been around since 1944. The program is part of the Servicemen’s Readjustment Act, and is administered by the US Department of Veterans Affairs (VA).