VA Funding Fee For Florida VA Mortgages

For the veteran who is a first time homebuyer, with no down payment, the funding fee is 2.15%. For subsequent use, the fee is increased to 3.35%. Veterans have choices of financing the cost into the loan amount, having the seller pay it, or paying the funding fee at closing in cash. Keep in mind that once you have a VA mortgage, when refinancing later, the funding fee is only .50%.

Purchase And Construction Loans
Type of Veteran Down Payment First Time use Subsequent Use
Regular Military None
5% or more (up to 10%) 10% or more
2.15%
1.50%
1.25%
3.35% *
1.50%
1.25%
Reserves/ National Guard None
5% or more (up to 10%) 10% or more
2.40%
1.75%
1.50%
3.35% *
1.75%
1.50%
Cash-Out Refinancing Loans
Type of Veteran
Percentage for First Time Use
Percentage for Subsequent Use
Regular Military
2.15%
3.35% *
Reserves/National Guard
2.40%
3.35% *
Other Types of Loans:
Type of Loan
 Percentage for Either Type of Veteran Whether First Time or Subsequent Use
Streamline Refinance/IRRRL (Interest Rate Reduction Refinancing Loans)
 .50%
Loan Assumptions
 		 .50%


*The higher subsequent use fee does not apply to these types of loans if the veteran's only prior use of entitlement was for a manufactured home loan.

If you have questions or would like to get started on your  VA Home Loan, give BretlinFloridaMortgage.com a call at 1-800-572-5964 or email info@bretlinfloridamortgage.com  You can apply online anytime 24/7 at www.bretlinfloridamortgage.com

http://www.baylake.com/Disclosures/equal_housing_lender.htm

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Keywords: florida home loans, georgia home loans, florida home financing, georgia home financing, Jacksonville home loans, Jacksonville home financing, mortgages, home loans, financing, Jacksonville, Ponte Vedra, St. Augustine, Saint Marys, Kingsbaby, florida home loans, georgia home loans, Jacksonville home loans, florida home financing, georgia home financing, Jacksonville home financing, mortgages, home loans, financing, Jacksonville, Ponte Vedra, St. Augustine, Saint Marys, Kingsbay, Orange Park, Orange Park, florida home loans, georgia home loans, Jacksonville home loans, florida home financing, georgia home financing, Jacksonville home financing, mortgages, home loans, financing, Jacksonville, Ponte Vedra, St. Augustine, Saint Marys, Orange Park, Kingsbay, VA loans, VA mortgage, VA home loans, VA home financing, fha mortgage, fha home financing, fha home loans, va loans, va mortgage, va home loans, va home financing, fha mortgage, fha home financing, fha home loans, georgia va home loans, georgia va home financing, florida va home loans, florida va home financing, georgia fha home loans, georgia fha home financing, florida fha home loans, florida fha home financing, fha mortgages, fha mortgages, va mortgages, va mortgages, fha home loans, fha home loans, fha financing, fha financing, fha, va, fha, va, fha, va, real estate, real estate, real estate, west palm beach, west palm beach, west palm beach, tampa, tampa, tampa, Orlando, Orlando, Orlando, bad credit, bad credit, bad credit, refinance, refinance, refinance, mortgage calculator, mortgage calculator, mortgage calculator, palm coast, palm coast, palm coast, Palm Coast, Palm Coast, Palm Coast, palm coast florida, palm coast florida, palm coast florida, Palm Coast Florida, Palm Coast Florida, Palm Coast Florida, real estate, real estate, real estate, palm coast real estate, palm coast real estate, palm coast real estate, palm coast mortgage, palm coast mortgage, palm coast mortgage, palm coast home loans, palm coast home loans, palm coast home loans, palm coast home financing, palm coast home financing, palm coast home financing, Pensacola, Pensacola, Pensacola, Pensacola va home loans, Pensacola va home loans, Pensacola va home loans, st. Augustine home loans, st. Augustine home loans, st. Augustine home loans, st. Augustine home financing, st. Augustine home financing, st. Augustine home financing, st. Augustine va loans, st. Augustine mortgages, st. Augustine mortgages, st. Augustine mortgages, st. Augustine homes, st. Augustine homes, st. Augustine homes

 

 

 

 

 

 
home  |  information |  tools |  apply online |  about us |  our team |  contact us
BretlinFloridaMortgage.Com    3015-109 Aqua Vista Lane       Saint Augustine FL 32084    voice 800-572-5964    fax 904-339-9297      

Copyright © 2005 Bretlin Home Mortgage of Florida