Is a $8k VA Funding fee for a $274k loan sound right? - va funding fee, how high
This seems expensive, plus other costs $ 8k on the loan. But I have an interest of 4.75% is very attractive. However, this rate of VA funding is about right?
If this is too high, Inc.% funding rate should I expect?
Saturday, February 6, 2010
Va Funding Fee, How High Is A $8k VA Funding Fee For A $274k Loan Sound Right?
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1 comments:
First, I thank you for your service. I too am a veteran. Its share of the funding depends on your permission. 2.15% of the loan amount ($ 5891) when the active duty force. 2.4% of the loan amount prior to the service or reserve (6576 $). If your disability is permanent believe that there is no fee. Go to this site for more information .... http://www.vainfo.net/va-funding-fee.htm
Good luck and thank you again for your service!
Paul T
Travel Home Loans
Sacramento, CA
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