VA Loan Funding Fees IncreaseNov 22 2011
Yesterday, the President signed HR 647, which resulted in the VA funding fee to rise to pre-November 18th, 2011 levels. These higher fees will remain in effect for any VA mortgage loans until September 30, 2016.
If your VA loan closes today through and including September 30th, 2016, your mortgage will be subjected to these higher fees.
Please contact your loan officer for more information regarding these higher fees.