This is wonderful news for all the VA eligible buyers in the Jacksonville area, including Fleming Island and Orange Park!

VA buyers have a once in a lifetime opportunity to buy a home with record-low interest rates, home affordability dating back into the 1990s and now a reduced funding fee. What more could you ask for?

Via Doug Capps, CLO, CRMS (Fairway Independent Mortgage Corp.):

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!

 

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About the Author: Sharon Alters works with her husband, Frank, and team member, Ann Dunsford Curley. They are in the top 5% real estate agents for production in the Jacksonville Florida area, specializing in Military and Corporate Relocation in the Fleming Island, Orange Park, St. Johns, St. Augustine and Beaches areas. Their local knowledge can help Relocating Buyers find the perfect lifestyle, whether it is a Castle on the Ocean, or a Cottage in the Country. 

Call/text 904-673-2308 or sharon@teamalters.com

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5 Comments on ***Changes to the VA Funding Fees

SEP
13
2011
561,252 Points 3 Featured Posts Outside Blog Called Shot Master

Sharon,

That sounds like a change for the good. We just had a VA client call today.

Great reblog info for your VA clients,

Steve
8:46pm • #1
987,989 Points 49 Featured Posts Outside Blog Called Shot Master

Sharon - This is an excellent re-blog, great news for those considering a VA loan.
9:53pm • #2
SEP
15
2011
427,867 Points 3 Featured Posts

This is good news that buyer side funding fees are being changed and reduced for VA loans.
12:45am • #3
299,600 Points 9 Featured Posts Attended Rain Camp

We have lots of VA buyers here on the Atlanta metro, too. Thanks for reblogging this, Frank and Sharon. I might have missed it, otherwise.
11:33pm • #4
SEP
16
2011
1,452,722 Points 46 Featured Posts Outside Blog Called Shot Master

Thank you for reblogging the post. I will share it with my clients.
7:11am • #5


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Sharon Alters 904-673-2308 Fleming Island FL Real Estate

Fleming Island, Orange Park, Jacksonville

Fleming Island, FL

More about me…

Coldwell Banker Vanguard Realty

Address: 3168 U S Highway 17 S, Fleming Island, FL, 32003

Office Phone: (904) 673-2308

Cell Phone: (904) 673-2308

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