Saturday, April 23, 2005

http://www.a1-veteran-loan.com/

Take advantage of discounts on funding fees for Veteran
Loans
A
funding fee of 2.0% has to be paid by everyone except veterans who are
exempt from this fee. The funding fee will be reduced to 1.5% with a deposit
of 5% or more. With a down payment of 10%, it will be reduced to 1.25%.
There are similar discounts on funding fees payable by Reserve and National
Guard veterans. Funding fees can be paid in cash, or may be included in the
Veteran loans themselves.

In addition, Veteran loan providers are permitted to charge reasonable closing
costs where necessary.It is not permitted to include these costs in
the Veteran home loan amount itself. Closing costs can vary between finance
companies as well as between the States because of differences in local
laws.


Veteran loans'
costs may include fees for appraisal, credit report, title search
and insurance, to name some of the more well known charges. However, it is
not allowed to charge the veteran any

commissions
or brokerage fees.
The following link will take you to a site which provides
veteran loans on reasonable terms and conditions:
Guaranteed Loans
& Credit Cards


Veteran Loan




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