On August 3, 2011 President Obama signed into law the Restoring GI Bill Fairness Act. As of October 1, 2011 the VA funding fee will be reduced for all first time and subsequent users. The benefit to Active Duty Military as well as Reserve and members of the National Guard is a significant reduction in the VA funding fee. This is exciting news as the savings makes a VA loan now more affordable than ever! The VA funding fee is an important part of the VA loan approval process and is required on all VA loans (1 comments)
Congratulations on your decision to buy a new home - Home Buying Basics! There are many important things to consider throughout the process, especially if you're a first-time homebuyer. Here's some information that will keep you on track. In General..... A home purchase may be your largest financial transaction to date, so it's important to make the right decisions and to keep an eye on the details. With the assistance of your Real Estate Agent and Loan Officer, it should be an efficient, pleasant, and ultimately rewarding experience. Count On Your Real Estate Agent To: Preview available homes (2 comments)
I specializes in First Time Homebuyers, 100%-No Money Down Loans, FHA, VA, Jumbo, USDA & move up buyers in Virginia & Maryland areas. Specialty loans to include 80/10/10, 80/15/5, construction to perm & No MI loans. Call for your mortgage needs 540-273-2733