VA Loans

November 1, 2011

First Time Use

• Down payment:
• Less than 5 percent*:  1.40%
• At least 5 percent but less than 10 percent:   .75%
• 10 percent or more:   .50%

Second and Subsequent Use

• Down payment:
• Less than 5 percent*:  2.80%

Refinancing Loans

• Interest rate reduction  .50%

Check out the other Financial News and Updates Pages for information on VA Funding Fees, FHA Lending Limits, Fannie Mae/Freddie Mac Appraisals, USDA Loans, First Time Homebuyer Assistance and contact Cara Mancuso, REALTOR for Tucson, Marana, Oro Valley, or Vail AZ with your questions!

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