which statement is > 고객센터

4. **Loan Approval and Disbursement:** Upon approval, the lender will disburse the loan funds directly to the dealership, and you can pick up your new vehicle.
* **VA Mortgages:** These government-backed loans are available to eligible veterans and active-duty military personnel. They offer attractive benefits such as no down payment requirement and lower interest rates.
 
 
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Mortgages typically require a larger down payment than auto loans.  This requirement is often driven by the higher value of the asset being financed, the home.  Conventional mortgages usually require a down payment of at least 20% of the purchase price.  However, some government-backed loan programs, such as FHA and VA loans, offer more lenient"
<h3>The Different Types of Mortgages</h3>
Mortgages typically have lower interest rates compared to auto loans.  This difference can be attributed to several factors.  First, mortgages are secured loans, meaning the lender has a vested interest in the underlying asset, the home.  This security provides a level of comfort to lenders, allowing them to offer lower rates.  Second, mortgages typically have longer repayment terms, spanning 15 or 30 years.  This longer timeframe allows for a more gradual repayment of the loan principal and interest, further justifying lower rates.
The process of applying for a mortgage involves several key steps:
"<h1>The Shared Threads of Mortgages and Auto Loans: A Deeper Dive</h1>