VA loans: What to know about funding fees and closing costs

Coming up with a down payment for a new home is often the thing that keeps people from taking the leap from renter to homeowner in the first place. That’s why US veterans, active-duty service members, National Guard and reservists who may not have saved up enough for a down payment look to VA loans to help make homeownership a reality.

VA loans allow for 100% financing of a property, meaning no down payment is required for eligible applicants.

Continue reading VA loans: What to know about funding fees and closing costs at Movement Mortgage Blog.

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via Naza Finance Blog