VA Declassified Q&A EP20

VA Declassified Q&A EP20

First off, thank you and congratulations to the 16 new MRP Certified realtors in Oregon. Once you officially get your cert from NAR, I’ll brag/,love on you all. But for now, here are questions that came from “Generalist” realtors during the 6 hours.

41% DTi max? – nope we will flash multiple examples in the 60s and the highest we have personally done is 70.35%. 70, not 41% and definitely higher than the 49.99 for conventional. Remember benefit, not just a loan.

Max loan amount for 2022 staying the same? No - $625k

Does the seller really have to pay some of buyer’s closing costs if accept VA?

Aren’t only Veterans with SCD able to waive Funding Fee?

https://www.benefits.va.gov/HOMELOANS/documents/circulars/26_19_30.pdf

https://singlefamily.fanniemae.com/media/24811/display #vadeclassified

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* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.