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Originally Posted by angel38  Thanks..We have our VA Certificate just waiting to take the big plunge ...for 3 years now  |
Also, with a VA loan, there is a "funding fee", set by the VA, not the bank. I'm sure you can call the VA and find out what it currently is. Also, each time you use your VA eligibility, the fee is higher than your original fee. For instance, if you sell the house and get another VA loan, your funding fee will be a bit higher than on your first VA loan. Also, I think (could be wrong.....) this is the only fee a seller is not allowed to pay. Of course, I'm sure there is some "creative accounting" to be done to change that, tho.