New Utah VA Mortgage Funding Fee now available
The President signed H.R. 674 on November 21, 2011. Section 265 of this law raises funding fees to the pre-November 18, 2011 levels. The VA funding fees specified are valid through September 30, 2016. Link here to review this circular in its entirety.
• Funding fees for VA mortgages closed November 18 through and including November 21, 2011, will be the lower fees cited in VA Circular 26-11-12, dated September 8, 2011. Link here to review.
• Funding fees for VA loans closed November 22 through and including September 30, 2016, will be the same as those that existed prior to October 1, 2011.
• Funding fees for Interest Rate Reduction Refinancing Loans and Assumptions remains at .50 percent.