No VA Funding Fee
Change
Although VA had mentioned changing the funding fee a few
times, they have decided to keep it the same. As of now, the fee will remain the same until 2016.
-2.15% - Funding fee for first time VA use
-3.30% - Funding fee for second or subsequent uses
Don’t forget – if you receive at least 10% VA disability,
they will waive the entire funding fee for you.
In addition, if you put money down (at least 5%), they will
reduce the funding fee, regardless if it is your first use or any subsequent
use.
Contact me today for more information!
Danielle Hifko
New American Mortgage
910-581-6398
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