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***Changes to the VA Funding Fees

By
Mortgage and Lending with Guaranty Bank & Trust Co NMLS ID #68160

Some good news...  VA will be reducing the funding fees for Veterans. 

 

Changes to VA Funding Fee  

 

 

 Subsequent Use of Entitlement for all:

 

·         Loans closed from 10/01/2011 – 09/30/2012 = 2.8%

·         Loans closed from 10/01/2012 – 09/30/2013 = 2.15%

·         Loans closed on and after 10/01/2013 = 1.25%

 

  

For more information about the VA home loan or mortgage financing in general, please contact DOUG CAPPS at (662) 429-5100 ext. 105.  NMLS ID #68160.

Fairway Independent Mortgage Corporation, 224 West Commerce St, Hernando, MS 38632 is a "MS and TN Licensed Mortgage Company."  NMLS ID #2289. An Equal Housing Lender.  All loans are subject to credit approval and compliance with investor guidelines.

Know your mortgage options!

Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Doug, this is a splendid post explaining the changes in the VA funding fee. Thanks so much for making it so clear.

Sharon

Sep 13, 2011 11:24 AM