va home loan san diego county: VA Home Loan Fast Facts For San Diego County, Part Two - 03/24/16 06:21 AM
VA Home Loan Fast Facts For San Diego County, Part Two
How is the VA Funding Fee determined for a purchase loan?  The VA Funding Fee is a percentage of the base loan (purchase price minus any down payment) and depends on the type of military service, down payment percentage, and whether or not VA benefits have been previously used. 
There are different VA Funding Fee guidelines for regular and streamline refinances.
Is anyone exempt from paying the VA Funding Fee?  Yes.  Veterans receiving VA compensation for service-connected disabilities with at least a 10% rating are exempt.
Surviving Spouses of veterans who died in service or … (2 comments)

va home loan san diego county: Some Fast Facts About VA Home Loans - 12/02/14 08:26 AM
Some Fast Facts About VA Home Loans
Who is eligible for a VA home loan?  Active Military, Retired Military, Coast Guard, National Guard, and in some cases the Surviving Spouse.
What is the maximum VA Zero Down Home Loan Limit?  The San Diego County VA Zero Down home loan limit for VA home loans closed through December 31, 2014, is $546,250.  Samuel Scott Financial Group can fund VA home loans up to $1,500,000.  VA has a special calculation for down payment for loan amounts exceeding the local Zero Down loan limit.
How is the VA Funding Fee determined?  The VA Funding Fee is a … (0 comments)

 


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