Veteran's receive unexpected savings when purchasing a new home or refinancing an existing

The VA unexpectedly lowered the funding fee (this is usually financed into the mortgage) they charge. This reduction may save the veteran thousands of dollars in the life of the loan.

2.15 now 1.4 1st time use
subsequent use 3.3 now and 2.8 after Oct 1, 2011
It is great that something was done to give back to those who have given to all us. All of us who enjoy freedom in the greatest country of the world.

For additional information see this great article http://mortgagedaily.tv/2011/09/23/va-funding-fee-lower-for-loans-closed-on-or-after-october-1-2011/va-funding-fee-chart/