If you qualify for VA benefits you can purchase with out a down payment and not have monthly mortgage insurance. There is a funding fee to use these benefits, which can be borrowed on top of your base loan.
Posted on May 22, 2011
Wenona Rowback says...
This is valuable information for a home buyer who needs to have a basic understanding of home loans. Buyers need to know this so they are not taken advantage of by unscrupulous lenders and sellers can use the information so they understand how financing will affect their home sale.
Posted on May 28, 2011
Isaura Gudino says...
@jsisco0520 One thing to also mention is that if you are a disabled vet the funding fee is actually waved. I am not positive on the % but I believe it is 10% and up.
Posted on June 2, 2011
Ruth Matsoukas says...
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