More Buyers Less SellersArizona is seeing record amounts of people moving to our great state and because of it we are seeing record shortages of homes for sale. If you are considering selling, I am
New VA Loan Updates For 2020
Dated: November 30 2019
Views: 81
New VA Loan Updates For 2020
Starting in 2020, there is now no VA loan limit! The removal of loan limits doesn’t mean unlimited borrowing power without a down payment. You’ll still need to have sufficient income and meet a lender’s credit requirements to qualify for the loan amount, but this helps in higher priced markets. They are increasing the funding fees a little, from 2.15% to 2.3% for first use VA loans, and 3.3% to 3.6% for subsequent loans. If you are a veteran and thinking about buying, contact me today and I can put you in touch with a great lender that will go over all of the details of the home loan process!
Cheryl Riley
Cheryl Riley is an Associate Broker with American AllStar Realty. To continue to serve her clients the best way she can, she earned three designations: Accredited Buyer's Representative-ABR®, Seniors....
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