Friday, October 7, 2011

Charleston Military - VA Loan Costs REDUCED!

As of October 1, 2011, the costs associated with VA mortgages have been reduced!

So what has changed? The Funding Fee typically associated with a VA loan will be reduced as of October 1. This fee is often financed into the loan, so now that it has been reduced, the monthly cost has essentially been lowered! It’s a win/win for the veteran.


See the tables below for more detail:



If you have any questions about purchasing or refinancing with a VA loan, call Military Homes of Charleston today and we can help put you in touch with a mortgage professional so you can explore your options. There has never been a better time!



Military Homes of Charleston is part of Coastalina Realty of Charleston and is a full-service real estate team based in Charleston, SC. We understand the appeal of living in Charleston and the challenges that come with moving to a new neighborhood or state. So whether you’re looking to buy a dream property or sell one, we can help.





**Information provided by The KCM Blog**