va funding fees: ***Final Changes to the VA Funding Fees - 11/29/11 06:39 AM
Finally some good news for Veterans!
On November 21, 2011, the President signed HR 674 which reduces the VA Funding Fees associated with VA Home Loans. This new fee structure will be in effect for loans closing after 11/22/2011 until 09/30/2016.
This will help reduce costs for Veterans purchasing a home. Some good news!
Keep in mind that the VA Funding Fee is waived for Veterans that are receiving at least 10% VA disability.
Click this link for the funding fee chart.
 
 
 
For more information please contact DOUG CAPPS at (662) 429-5100 ext. 105.  NMLS ID #68160.
 
Fairway Independent Mortgage … (0 comments)

va funding fees: ***Changes to the VA Funding Fees - 09/12/11 10:59 AM
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 … (1 comments)