***Changes to the VA Funding Fees
This is wonderful news for all the VA eligible buyers in the Jacksonville area, including Fleming Island and Orange Park!
VA buyers have a once in a lifetime opportunity to buy a home with record-low interest rates, home affordability dating back into the 1990s and now a reduced funding fee. What more could you ask for?
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 Company." NMLS ID #2289. An Equal Housing Lender. All loans are subject to credit approval and compliance with investor guidelines.
Know your mortgage options!
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