va funding fee: IT IS WORTH LOOKING AT ALL MORTGAGE OPTIONS - 10/16/10 02:24 PM
When you purchase a home the amount of money that you have for down payment will impact your monthly mortgage payment.  Let me give you an idea of the difference using a home price of $250,000.00.  
A conventional mortgage is available with no mortgage insurance premium if you are in a position to put 20% down.  The down payment amount would be $50,000.00.  
A VA mortgage is available with NO money down and if you are an eligible veteran buying your first home you are responsible for paying a VA Funding Fee of 2.15% of the loan amount.  With … (2 comments)

va funding fee: CALLING ALL VETERANS - 12/29/07 06:57 PM
VA mortgages with their 100% financing up to $417,000.00 is an increasingly attractive way to finance a home.  We have lots of active duty veterans, discharged veterans and retired veterans in southeastern Connecticut.  We have National Guard facilities in Norwich, New London and Niantic/East Lyme.  We also host the United States Coast Guard Academy and a US Coast Guard station in New London.  The largest military facility in this area is the Subase New London located in Groton, CT just up the river from Electric Boat/General Dynamics, the maker of submarines for the United States.
With these facilities throughout southeastern Connecticut we … (7 comments)

 
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PHILIP TURNER-MORTGAGE BANKER SINCE 1980

New London, CT

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MCCUE MORTGAGE COMPANY

Address: EIGHT UNION STREET, CORNER OF UNION & METHODIST STS., NEW LONDON, CT, 06320

Office Phone: (860) 444-0650

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Mortgage information and lots of other thoughts from a long time SE Connecticut home financing professional.


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