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Good News for REALTORS and VA Buyers: VA Funding Fee DECREASING!

This is great news for VA home buyers in Northern Virginia.  The VA funding fee can be rolled into the loan and does not have to be paid out of pocket.  If you are eligible for a VA loan now is a great time to buy a home in Northern Virginia.

 

VA funding fee DECREASING! Mike in Tucson, AZ Mortgage Lender

Effective for Loans closed on or after October 1, 2011, the VA funding fee will decrease dramatically!

REALTORS

If you are a REALTOR fortunate enough to be selling real estate in a military town like Tucson, AZ, this is great news.  The VA has not given us a complete chart yet; I will post again when that happens.  For the moment, this is what they have sent us.

VETERANS

If you're a Veteran looking to use your VA eligibility, this will reduce the upfront cost to you.  Call your favorite REALTOR and let them know that you are in the market to buy a home. 

Both home prices and mortgage rates are at the lows of your lifetime (or better) and now, the cost of the funding fee has been cut as much as 50%!  It's time to buy a home!

_____________________

I'm Mike in Tucson, your preferred Tucson Arizona Mortgage Lender

NMLS #223495

SUNSTREET MORTGAGE LLC ~ Correspondent Mortgage Bank
Offices in Mesa, Tucson, Sierra Vista & Nogales

 

                                   Real People*Real Lives*Real Estate

If you are interested in learning more about the Northern Virginia Real Estate market including Alexandria, Arlington, Fairfax and Prince William Counties give Cindy Jones and Integrity Real Estate Group a call at 703-346-2213.

Military Relocation Specialist serving military families relocating to and from the Pentagon, Fort Belvoir, Quantico MCB and all of the Military District of Washington installations. 

Military Relocation Professional


Check out www.varealestatetalk.com and www.cjrealtygroup.com for more information.

Integrity Real Estate Group
 
Real People*Real Life*Real Estate

Licensed in the Commonwealth of Virginia



 

 

Comment balloon 4 commentsCindy Jones • August 20 2011 08:18PM

Comments

Cindy

That is good news. It not only helps out Industry but more importantly it helps vets

Posted by Tom Braatz Waukesha County Real Estate 262-377-1459, Waukesha County Realtor Real Estate agent. SOLD! (Coldwell Banker) almost 7 years ago

Cindy

Thanks for sharing an informative post regarding the VA Funding Fees.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) almost 7 years ago

Tom-absolutely.  Most eligible VA buyers can roll the funding fee into the loan so it reduces their out of pocket expenses.

Posted by Cindy Jones, Pentagon, Fort Belvoir & Quantico Real Estate News (Integrity Real Estate Group) almost 7 years ago

Lou-always good to see something that helps our active duty military. and veterans.

Posted by Cindy Jones, Pentagon, Fort Belvoir & Quantico Real Estate News (Integrity Real Estate Group) almost 7 years ago

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