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

Dated: December 4 2019

Views: 131

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.

Blog author image

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....

Latest Blog Posts

29 Things You MUST Know When Buying a Condo in Florida | Explained!

So maybe you have visited the beautiful Emerald Coast and you are thinking to yourself that I might want to buy a condo while I am out there. Seems like a pretty good investment. Well, these are

Read More

Exploring Farmers Market in Niceville Florida | Check out all the good stuff!

Want to see the Niceville Farmers Market? Come with me!Hi everybody, it is Andi G with the Emerald Group right here in the beautiful Fort Walton Beach, Florida. Today we are going to be taking a

Read More

Things you MUST know when Buying a Condo in Florida | Explained!

One of the most common questions I got asked from vacation renters who are renting a condo is “What it looks like to purchase a condo?”. Today I am going to give a live example, and I am

Read More

Living in the Emerald Coast [EVERYTHING YOU NEED TO KNOW]

So you are thinking about moving to the Emerald Coast, but you are not sure which area is best for you. Well in today’s video that is exactly what we are talking about. We are going to break

Read More