On a VA loan is there upfront MI and is it refundable? - is va funding fee refundable
There is a start-up funding and IM do not know if it's the same thing. It used to be refinanced, if after the first year he received a percentage of the back, and following each year. I realized with a FHA loan if you have a page 04, December and refinancing, you have nothing of this is also true with VA?
Friday, February 19, 2010
Is Va Funding Fee Refundable On A VA Loan Is There Upfront MI And Is It Refundable?
3 comments:
No MI (Mortgage Insurance) and the VA guarantees the loan to the lender for late payment. It is a rate of 3.3% financing and will not be refunded. Note that both of you your certificate and DD-214, have to start the process needs. In addition, VA loans and have no prepayment penalties in the amount financed up to 100%. I specialize in creative financing government bonds, and so if you have any questions e-mail me tadgeman@yahoo.com.
Yes, and my father is an officer of Laon, which is how I know
If you have a VA loan, then there is me (the gov't loan guarantees). There's a level of funding .. I think that 5%. It's cool, though. If you're a VA refinancing then there is a funding gap of 3%.
In a classic, you'll pay me - that I know are not recoverable (such as auto insurance ...). Once your LTV is 80%, then you can ask the IMF back - trust me the bank did not say when this happens - you have to see for yourself.
Post a Comment