Good News for REALTORS and VA Buyers: VA Funding Fee DECREASING!

Real Estate Agent with Las Cruces Homes and Land

This is FANTASTIC news for VA Buyers! Look at what Mike Jones has blogged about today! Thank you Mike for letting us know about this.

Original content by Mike Jones NMLS 223495

VA funding fee DECREASING! Mike in Tucson, AZ Mortgage Lender

Effective for Loans closed on or after October 1, 2011, the VA funding fee will decrease dramatically!


If you are a REALTOR fortunate enough to be selling real estate in a military town like Tucson, AZ, this is great news.  The VA has not given us a complete chart yet; I will post again when that happens.  For the moment, this is what they have sent us.


If you're a Veteran looking to use your VA eligibility, this will reduce the upfront cost to you.  Call your favorite REALTOR and let them know that you are in the market to buy a home. 

Both home prices and mortgage rates are at the lows of your lifetime (or better) and now, the cost of the funding fee has been cut as much as 50%!  It's time to buy a home!


I'm Mike in Tucson, your preferred Tucson Arizona Mortgage Lender

NMLS #223495

SUNSTREET MORTGAGE LLC ~ Correspondent Mortgage Bank
Offices in Mesa, Tucson, Sierra Vista & Nogales


Comments (2)

Doug Rogers
Bayou Properties - Alexandria, LA
Your Alexandria Louisiana Agent

Good news indeed! Those veterans deserve this and a whole lot more.

Aug 16, 2011 11:27 AM
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495


Thanks for the re-blog!

Mike in Tucson

Aug 16, 2011 02:14 PM