The 2023 VA Loan Funding Fee (Explained)

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  • Опубликовано: 19 окт 2024

Комментарии • 32

  • @JimmyVercellino
    @JimmyVercellino  Год назад +2

    Thanks for watching! I SERVE VETERANS NATIONWIDE and I can personally assist you you're welcome to visit my website at www.VALoansForVets.com

  • @everythingrc2324
    @everythingrc2324 Год назад +4

    Thanks man!! You saved me $3700 because no one but YOU told me that a service connect can waive your VA funding fee.. god bless you.

    • @JimmyVercellino
      @JimmyVercellino  Год назад +1

      You saved yourself the money thru your service and sacrafice. I just relayed you the intel! Blessings back to you my brother.

  • @jasperrhodes8788
    @jasperrhodes8788 Месяц назад +1

    Hey! Jimmy, I purchase a home in2020, I am a 100% disabled Veteran, I don't know if my funding fees was waived, how do I check?

    • @JimmyVercellino
      @JimmyVercellino  Месяц назад

      Hey Jasper, you can go back and review the closing documents that you signed. You should have a copy of those.

  • @fewlefttostand
    @fewlefttostand Год назад +3

    If you have a service connected disability and you want to use a VA loan for more than 1 property is it still waived or only your primary residence

    • @JimmyVercellino
      @JimmyVercellino  Год назад +1

      Merairi good question. It will be waived any time you use it. IOW you'll never pay it ever again. jimmy@valoansforvets.com

  • @kingmode4
    @kingmode4 Год назад +2

    Love the content. Get that tik tok channel going!

    • @JimmyVercellino
      @JimmyVercellino  Год назад +1

      Haha thanks. I just say not to TikTok 💯💪

  • @ktulu0078
    @ktulu0078 2 месяца назад +1

    Do you know if that waived fee still works on a marriage between AD and disabled veteran?

    • @JimmyVercellino
      @JimmyVercellino  2 месяца назад +1

      good question. We'd want to put disabled veteran in first position to get the VAFF waiver.

    • @ktulu0078
      @ktulu0078 2 месяца назад

      Thanks, we will,

  • @eod_3574
    @eod_3574 3 месяца назад +2

    What about Purple Heart recipients

    • @JimmyVercellino
      @JimmyVercellino  3 месяца назад

      Hey EOD - Funding Fee is waived for PH for active duty. Let me know if I can help in any other way.

    • @TurfTherapy
      @TurfTherapy 3 месяца назад

      @@JimmyVercellinothanks Jimmy! I personally think that the Active Duty Purple Heart recipient’s exemption is under vocalized. I am closing on Monday and almost had a non refundable 11k mistake on my hands. Because I have looked for homes before my COE was already established and I didn’t know I had to go back and update my records to reflect my PH status. Thanks for everything you do Jimmy!

  • @Helen-x2e
    @Helen-x2e Год назад +1

    Can I use a Federal, State or Local grant with a VA loan...?

    • @JimmyVercellino
      @JimmyVercellino  Год назад

      Yes. You'd need to find a lender that could assist you with VA Loan that would facilitate.

  • @firstnamelastname9661
    @firstnamelastname9661 8 месяцев назад +2

    If I am a 10% VA disability, can I Not pay VA loan funding fee ????

  • @waltermros7700
    @waltermros7700 Год назад +1

    Hi, is there is a way to make the va home loan more competitive with conventional loans?

    • @JimmyVercellino
      @JimmyVercellino  Год назад

      There is. I actually just filmed the video here. You can be one of the first to watch it.
      ruclips.net/video/jpYAVGHEePw/видео.html

  • @victorflenerjr.259
    @victorflenerjr.259 Год назад +1

    I feel like that was respect to Micheal Chandler 👀👀

  • @Osal789
    @Osal789 5 месяцев назад

    Can I get back payed if this was on the loan?

    • @JimmyVercellino
      @JimmyVercellino  5 месяцев назад +1

      You may be entitled to a refund if you applied for VAD prior to purchasing your home, were charged a VA Funding Fee, then closed on the house. Call 800-827-1000 to get the reimbursement started.

  • @whiteyxdplaylit5945
    @whiteyxdplaylit5945 Год назад

    Does VA loan work for houses in probate auction??

    • @JimmyVercellino
      @JimmyVercellino  Год назад +1

      I would say most likley not. Although you may want to consult with an attorney for clarification.

  • @manpreetenator
    @manpreetenator 8 месяцев назад

    The 10% down seems like a shitty deal.

    • @JimmyVercellino
      @JimmyVercellino  7 месяцев назад

      You think? Definitely don’t get as big of a bang for your buck for a first time usage but 10% down for a second VA Loan will save you a nice chunk of change.

  • @gr8tfulh3art81
    @gr8tfulh3art81 7 месяцев назад

    VA fee is ripoff for military

    • @JimmyVercellino
      @JimmyVercellino  6 месяцев назад

      I understand what you mean. In order for VA to guarantee these loans they must ensure they have adequate reserves in the event a Veteran goes into default. this is the purpose of the VA Funding Fee.