Congress To VA Rulemakers: "Not So Fast. We Need The Money!"

Mortgage and Lending with SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) NMLS 223495

You can't make this stuff up!  Congress has a bill going to DISALLOW the reduction of the VA Funding Fee.  It seems that they think they need the money more than our Veterans. 

What can you do? 

Pick up the phone!  Get involved.  Call your senators to complain!

Here's a link to find YOUR SENATORS and their phone numbers.  Let's do it now!

Congress doesn't worry about getting paid.  They don't worry about healthcare.  The only thing they worry about is what their constituents think about them, and in my humble opinion, they don't worry enough.  Give them something to worry about. 

Give them a call!


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 (12)

Mike Morrison
Will & Will Real Estate Brokers, The Woodlands, Texas - Houston, TX

Mike are you really surprised by this legislation? Vet's have been getting screwed since WW1. Par for the course.

Aug 18, 2011 04:06 AM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX


It's a fee not a tax.

Only Vet's buying homes pay it.

The rest won't care.

Few if any Vet's will realize they're paying it to the Government.

They're right! The people won't relise! They'll blame the lenders!

It's a perfect tax it only affects a select group who don't know the difference!

The Liberals with out morals and the Rinos who only pratice what they preach on Sunday mornings or right before elections will all vote for it!



Aug 18, 2011 05:02 AM
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!


Does not amaze me; why cant we just take care of our vets and give them what they deserve?

Aug 18, 2011 09:09 AM
Gabrielle Kamahele Rhind
KGC Properties LLC, Tucson Property Management & Real Estate - Tucson, AZ

HI MIKE!   Good grief - and thanks for sharing the link - this country has it's priorities mixed up about who they cater to and take care of and those that they just let go - like this!

Aug 18, 2011 09:12 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC


We need to connect our Representatives in Washington regarding the VA funding reduction.

Good luck and success.

Lou Ludwig

Aug 18, 2011 10:02 AM
Lenn Harley
Lenn Harley,, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

What I want to know is who sponsored the bill???

I can't find it anywhere.

Aug 18, 2011 11:37 AM
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

I'm sure that someone in Congress thought that they could use that money more than our vets can. It's just more of a money grab.

Aug 18, 2011 12:04 PM
Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Mike, the only thing they care about is getting re-elected. Nothing else.

Aug 19, 2011 02:57 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Mike I am outraged, I can not believe this, thank you for sharing. We need to get the word out so this can be stopped!

Aug 22, 2011 09:39 AM
Brett Reichel
Homebridge Financial Services - Rancho Cucamonga, CA
MLO 210215 long as the program is well funded and can take care of it's defaults, then the funding fee should be reduced.  The government shouldn't give away for free the guarantee that the Department of Veteran's Affairs is making to lenders, then it's another government give away, which some of the commentors seem to prefer.  IF the program is well funded, lower the fee.  If not, well....

Aug 24, 2011 05:25 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Mike, thanks for the information.  I'm going to check this out ASAP. 

Aug 24, 2011 05:34 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Lenn, I found out who "sponsored" this bill.   Rep. Jeff Miller (R-FL) in the Restoring GI Bill Fairness Act of 2011.  It is H.R. 1383.  It hasn't passed yet, but may allow for the "extension" of the decrease until October 12. 2012. 

Aug 24, 2011 05:48 AM