I need help getting the word out to military members who are considering buying a home. The VA has made some changes to the loan program that could save a VA buyer some money.
Effective for loans closed on or after October 1, 2011, the VA funding fee will decrease dramatically! The first time user of VA loans will see their upfront funding fee drop from 2.15% down to 1.40%. That is a savings of roughly $2000 on a $275,000 loan.
So please share this information with any military person you know of who is considering buying a home in the near future. Have them call me for more information. Now is the time to take advantage of the historic low interest rates. I am ready to help them with their homes for sale search.
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