Articles and news about VA loans and HUD requirements. VA loans are a great way to buy a home with no down payment.

Tag Archives: VA fees

VA Clarifies Rules On “Unallowable Fees”

VA Clarifies Rules On “Unallowable Fees”

The Department of Veterans Affairs has issued a Mortgagee Letter clarifying its position on itemized fees, the lender’s flat fee and unallowable fees for VA mortgage loans. According to VA Circular 26-14-10, “Policy Clarification on Unallowable Fees,” there has been...

The VA Loan Funding Fee: A Reader Question

The VA Loan Funding Fee: A Reader Question

A reader asks, “My husband and I are in the process of purchasing a home. All is going well, except the VA has refused to allow us to get the VA Funding Fee, which amounts to a little over $5,000.00....

How Much Are VA Loan Fees?

How Much Are VA Loan Fees?

One common type of question we get in the comments section involves the fees associated with VA home loans. For example, "How much are the fees for a VA loan for a loan of (insert dollar amount here)?" The only trouble...

VA Loan Appraisal Fees: How Much Are They?

VA Loan Appraisal Fees: How Much Are They?

Appraisals are required on VA loans for new purchase homes and some types of refinancing. When a house hunter is trying to plan a budget for a new home purchase, knowing the appraisal fees can be a big help. Many readers...

VA Issues Funding Fee Update

VA Issues Funding Fee Update

VA Circular 26-11-18 provides some much-needed new information regarding the VA loan funding fee issue, which has been a source of concern for many veteran VA loan applicants trying to purchase homes within the window of proposed funding fee changes.

According...