VA Funding Fee for Subsequent Use will Change Jan 1, 2020

Dated: December 4 2019

Views: 98

Once Jan 1, 2020 hits the VA Funding Fee on the VA Home Loan will go from 3.3% of the purchase price to 3.6% of the purchase price. This will not be a fee that the Active Duty, Veteran, Guard or Reserve member needs to pay upfront but it will be added to the loan amount. This is a bit higher but all in all the VA Loan is still a very useful, versatile and powerful loan, in my personal opinion it is currently the strongest loan on the market.

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Andrew Iremonger

Andrew Iremonger started his Real Estate career shortly after leaving the United States Air Force in 2014. The qualities that the military instilled in him carried on in his work ethic. Just a few sho....

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