Not necessarily. If you have a down payment of at least 20%, a conventional loan might be less expensive since you won't have to pay for PMI. If you decide to go with a VA loan, you'll need to pay the VA funding fee unless you are exempt. Since there are many factors to consid...
The VA funding fee.One charge specific to VA loans is the funding fee, which is a percentage of the total loan amount determined by the size of your down payment. If it’s less than 5% of the loan, the funding fee is 2.3%. With a down payment of 10% or more, the fee drops to...
I appreciated the legal research I conducted on the ongoing conversation about Expropriation without compensation in South Africa. It felt incredibly relevant to the real issues currently facing the country and beneficial for my personal goals regarding my legal career back in the States. There were ...
You can verify whether or not you received a VA disability rating by contacting the VA hotline, or by reviewing the Award Letter the VA sends out to all recipients of VA disability compensation. The award letter will state your rating and the monthly compensation payment, along with any back...
Single veterans with mesothelioma qualify for a monthly payment of $3,877. Married veterans receive a monthly amount of $4,098. These rates are based on the Veterans Compensation Benefits Rate Tables, which show different values for various situations. “It’s important for veterans to understand...
Do you know whether you are exempt from having to pay the VA loan funding fee because you receive or are eligible to receive VA compensation for VA-rated disabilities? Here’s a biggie–do you plan on making a down payment on your VA home loan? It’s true that VA mortgages feature no...
The VA will increase your disability compensation payment if you have qualified dependents listed on your claimand you have a disability rating of 30% or higher. Qualified dependents typically include a spouse, children (up to age 18, unless attending higher education full-time), adult children ...
VA Home Loan Affordability Calculator. Estimate your loan preapproval amount based on your income and expenses. Try it now!
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