VA loan closing costs are typically 1-5% of the loan amount. So for a $200,000 mortgage loan, closing costs could be anywhere from $2,000 to $10,000. Part of the reason VA closing costs vary so much is that the VA funding fee can be anywhere from 0.5% to 3.6% of the loan amo...
With no down payment or mortgage insurance requirements, VA loans are hard to beat. But even if you’re eligible for a VA loan, an FHA loan might be worth a look, especially if you have a lower credit score and are able to put down at least 3.5% of the purchase price. Both mortga...
Click here to have a professional check your county's VA loan limit (Jan 17th, 2025) True VA jumbo loans Veterans don’t need a “true” VA jumbo loan unless their expected loan amount is above the limit for the county. When the Veteran exceeds the county limit, he or she must apply...
Click"Get Your Actual Rate"to connect with a licensed mortgage lender for a more accurate quote. Powered by Mortgage Research Center, LLC | NMLS 1907 How to Use the VA-Approved Condo List If you’re interested in purchasing a condo with your VA loan benefit, the VA’s approved condo list...