Veteran's receive unexpected savings when purchasing a new home or refinancing an existing

By
Real Estate Broker/Owner with Keith Furrow and Associates Realty BK525383

The VA unexpectedly lowered the funding fee (this is usually financed into the mortgage) they charge. This reduction may save the veteran thousands of dollars in the life of the loan.

2.15 now 1.4 1st time use
subsequent use 3.3 now and 2.8 after Oct 1, 2011
It is great that something was done to give back to those who have given to all us. All of us who enjoy freedom in the greatest country of the world.

For additional information see this great article http://mortgagedaily.tv/2011/09/23/va-funding-fee-lower-for-loans-closed-on-or-after-october-1-2011/va-funding-fee-chart/

Posted by

Keith Furrow, CRS

850-462-8173 Direct
Keith Furrow and Associates Realty

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Email Me at: viewgulfcoasthomes@gmail.com

 

   

               

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Rainmaker
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Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hi Keith,

Thanks fo the heads up on the change with VA, this is the first time I've heard about it.

Sep 30, 2011 03:28 PM #1
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Rainer
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