Great News for VA Loans. As of October 1st 2011 the VA funding fee is dropping down to 1.40% down from 2.15% for regular active duty and for National Guard / Reserve the funding fee will 1.65% down from 2.40%. This is a positive change for the VA and will lower the cost for a veteran purchasing a home.
We specialize in VA home loans, please use our secure VA loan application to apply for a mortgage today!
See the updated VA Funding Fee Circular.