There are several upfront and ongoing expenses that homebuyers should be aware of when determining the cost of homeownership.
The law now permits a waiver based on a pre-discharge review of existing medical evidence that results in issuance of a memorandum rating by VA.
Part of the cost of a VA guaranteed home loan is the payment of a VA loan funding fee. Some borrowers are exempt from the funding fee and some get it refunded.
Some Veterans don't have to pay the VA funding fee others do. For those required to pay the VA funding fee, we break down all the ways you can pay.
The Dept. of Veterans Affairs guarantees every VA Loan that is originated. The VA uses its Funding Fee to finance this guarantee.
The VA 4% rule keeps the seller from offering so many concessions that a buyer is tempted to take out a loan amount they can't really afford.
There are certain costs and fees that VA borrowers are not allowed to pay. In this article we'll break down all the allowable and non-allowable VA fees.
