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VA MORTGAGES

Click here for a VA Streamline Refiance

The VA MAXIMUM Loan Amount as of December, 2005 is:
 
$417,000.00
 

VA Funding Fee
 
Purchases by Verterans
 
First Time Use:
 
With 0 to 4.99% down the VA Funding fee is 2.20% of the Loan Amount.
With 5 to 9.99% down the VA Funding fee is 1.50% of the Loan Amount
Greater than or equal to 10% down the Va Funding fee is 1.25% of the Loan Amount.
 
Subsequent Use:
 
With 0 to 4.99% down the VA Funding fee is 3.30% of the Loan Amount.
With 5 to 9.99% down the VA Funding fee is 1.50% of the Loan Amount
Greater than or equal to 10% down the Va Funding fee is 1.25% of the Loan Amount.
 
Purchases by Reservists/Nation Guardsmen
 
First Time Use:
 
With 0 to 4.99% down the VA Funding fee is 2.40% of the Loan Amount.
With 5 to 9.99% down the VA Funding fee is 1.75% of the Loan Amount
Greater than or equal to 10% down the Va Funding fee is 1.50% of the Loan Amount.
 
Subsequent Use:
 
With 0 to 4.99% down the VA Funding fee is 3.30% of the Loan Amount.
With 5 to 9.99% down the VA Funding fee is 1.75% of the Loan Amount
Greater than or equal to 10% down the Va Funding fee is 1.50% of the Loan Amount.
 
 
 
 
 


Link to the Department of Veterans Affairs

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