va loans: 5 Things You Probably Don’t Know About VA Loans
- 06/18/15 12:40 AM
This is a good summary that explains some areas of misunderstanding for buyers and agents when using the VA Loan Program. Another point to add is that if the borrower has a verified disability (albeit a slight %), the funding fee can be waived, which saves hundreds, if not thousands, of dollars for the buyer. VA loans are the most misunderstood mortgage program in America. Industry professionals and consumers often receive incorrect data when they inquire about them. In fact, misconceptions about the government guaranteed home loan program are so prevalent that a recent VA survey found that approximately half … (2 comments)
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Dana Wilkinson
Broker-Your TX agent for The Woodlands-Spring-Conr
This is a good summary that explains some areas of misunderstanding for buyers and agents when using the VA Loan Program. Another point to add is that if the borrower has a verified disability (albeit a slight %), the funding fee can be waived, which saves hundreds, if not thousands, of dollars for the buyer.
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