VA to reduce Funding Fee for loans closing on or after Oct 1, 2011

Congress has finally made a decision that benefits those that sacrifice so much for our country.

Effective with loans closing Oct 1, 2011,  new VA Funding Fees will be in place.

And keep in mind that any veteran receiving ANY amount of disability due ot a service related injury is EXEMPT from ALL funding fees.

VA Funding Fee Chart-

In Addition, VA loan limits will no be reduced on Oct 1st.

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