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A VA loan in Laredo, or anywhere for that matter, is a loan that is backed by the Department of Veteran’s Affairs and they were enacted as part of the GI Bill. These loans are offered to retired veterans, active military, honorably discharged, and widowed spouses of military members killed in action.
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At Mall Del Norte in Laredo, Texas, we are downsizing Forever. The mall is encumbered by $33.2 million nonrecourse mortgage loan, that matures in April 2021. The decline in NOI coupled with.
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