Are you looking to purchase a home in Texas, and eligibility for a VA mortgage? Well guess what? You will be please to hear that VA has recently reduced the cost of the up front VA funding fee in a considerable way.
You will benefit from this whether you are refinancing or buying a home and using VA financing. If you need direction, or guidance,from a proven VA lending mortgage company, feel free to contact Your VA Mortgage Guy For Life!
See the new details below. To figure out what your VA Funding fee will be (this fee is rolled into the loan), muliply your expected loan amount by the figure below, hit the “%” sign on your calculator, and then the equal sign. For example, $100,000 loan amount multiplied by 1.4% is $1400. So, $1400 is the funding fee in this example. Best wishes, and call me if you need me to originate your VA mortgage and get you the most competitive VA rates and fees in the market.