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lowest rates va home loans: What Costs Do Sellers Pay on VA Loans??? - 10/14/08 08:06 AM
VA mortgage loans are one of the greatest benefit a soldier has. They offer 100% financing, with no mortgage insurance and fairly easy qualifying guidelines. For more information on qualifying for a VA home loan, please click here.  Like most everything else the Government does, there are some "quirks" to the program.  We are helping a Rookie Agent with a closing... and we are answering MULTIPLE questions about what costs the Seller MUST pay on a VA loan. Here's a fairly comprehensive list of who can pay for which items as shown on the HUD1 Settlement Statement...
APPRAISAL AND COMPLIANCE INSPECTIONSThe veteran … (7 comments)

 
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Steve Thorne NC Mortgage Experts

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