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 loan funding fee

VA Loan Fees: Who Pays?

VA Loan Fees: Who Pays?

There are many VA loan fees involved when it comes to purchasing a home with your VA benefits. VA appraisals are mandatory as part of the loan approval process, but the home inspection process is not, it’s an optional part...

VA Loan Reader Questions: Funding Fees and Tax Deductions

VA Loan Reader Questions: Funding Fees and Tax Deductions

A reader asks, "Can anyone tell me where I can find up-to-date (2013) information of VA home loan funding fee and if it is tax deductible?" The VA published some revised guidelines for VA loan funding fees in a mortgagee letter...

VA Loan Entitlement Restoration: A Reader Question

VA Loan Entitlement Restoration: A Reader Question

A reader asks, “I have my VA certificate of eligibility; i had a previous loan which is indicated as “Status” Paid in full/no restoration”. Entitlement code 10, Funding fee EXEMPT.” “In the center in bold caps shows THIS VETERANS BASIC ENTITLEMENT IS...

VA Loan Funding Fee Exemptions: A Reader Question

VA Loan Funding Fee Exemptions: A Reader Question

A reader asks, “I have purchased numerous homes using the VA Loan process – always paid the va funding fee. Today I signed Refi papers and was informed by a veteran that since I have a service connected disability I...

VA Disability Compensation and Your VA Loan Benefit

VA Disability Compensation  and Your VA Loan Benefit

If you are a veteran getting ready to file a claim for VA disability compensation, it’s important to know how that claim could affect your VA loan benefit. Borrowers who receive or are eligible to receive VA compensation for service-connected...

VA Loan Funding Fees: A Reader Question

VA Loan Funding Fees: A Reader Question

A reader asks, “What is the “fee” amount for the VA refinancing loan? I am a 100% disabled veteran looking to refinance from an existing mortgage to a VA loan. What do I need to do?” The VA loan funding...

VA Loan Fee Rules

VA Loan Fee Rules

VA Loan fees are a typical part of doing business with a VA home loan. If you buy any type of property with a home loan, there are associated fees and expenses to deal with. With VA loans, these fees...

VA Loan Funding Fee Questions

VA Loan Funding Fee Questions

  There are many questions borrowers have about VA loan funding fees. The most common is simply, “how much will I have to pay for the VA loan funding fee?” Unfortunately there is no set dollar amount, as the funding...

VA Loan Reader Questions: VA Loan Funding Fee Amounts For Second-Time Use

VA Loan Reader Questions: VA Loan Funding Fee Amounts For Second-Time Use

A reader asks, “I am a Navy veteran. I purchased a home during the Spring of this year 2013. We paid a down payment of over 10% but were charged a funding fee of 3.30%. This was a second use...

VA Loan Eligibility for National Guard Service and VA Home Loans

VA Loan Eligibility for National Guard Service and VA Home Loans

A reader asks, “My husband served in the National Guard and I am wondering if he would qualify for VA benefits…VA loan, hotel discounts, etc.” We can’t comment about anything other than VA loans here, but when it comes to...