Hello everyone! As announced by the Veteran’s Administration (VA) in September (and as referenced in my last post), the VA Funding Fee was to decrease substantially on 10-1-11.
As of today – Public Law 112-026 (Restoring GI Bill Fairness Act of 2011) has NOT been signed by the President.
We have spoken with the VA, and they advise us to close our VA loans using the old funding fee schedule until further notice.
I’ll keep you posted if and/or when this important legislation gets signed by the President.
Veterans and Active Duty Military friends and family members – I’m pulling for you. Please contact me if you have any questions in the meantime.