some good news for veterans va mortgages: Some Good News for Veterans! - 09/29/11 09:45 AM
Effective October 1, 2011, the costs associated with getting a VA mortgage are going DOWN!
An overview: VA mortgages are bundled, securitized and sold in the secondary market with the backing of the Federal Government. In order to insure these mortgages, the government charges a type of insurance premium, called a VA Funding Fee, which is typically added to the loan amount (thereby financed).
Remember, too, that the VA (subject to some restrictions) will insure loans up to 100% of the purchase price for the home.
What is happening next week? On loans that close effective October 1, that Funding Fee … (1 comments)

 
Bill Crawley, I'm not #1...You Are!! (Howard and Williams)

Bill Crawley

I'm not #1...You Are!!

Sun Prairie, WI

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Howard and Williams

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