VA Funding Fees Set to Decrease September 30, 2011

by Keith Landis on September 13, 2011

Good news for those seeking a VA Mortgage in Pennsylvania and the rest of the nation.  Per the recently passed Public Law 112-026, VA Funding Fees are set to decrease.  The below chart was emailed to me by several of my lenders and it highlights the changes.  Since the VA Funding Fee was typically financed into the loan amount, this will reduce the loan amount neeeded, which will also result in lower payments.

VA Mortgages have always been a great deal with the combination of 100% financing and no mortgage insurance.  Now with the VA Funding Fee decreasing, this program just got cheaper.

For more information about VA Mortgages, follow this link >>>> VA Mortgage

For Veterans looking to use their VA benefits, obtaining a VA Mortgage in Pennsylvania and the rest of the nation just got a little cheaper.

Previous post:

Next post: