VETERANS ADMINISTRATION (VA) ALLOWABLE FEES IN IDAHO.

The Department of Veterans Affairs (VA)is very protective of a Veteran, as they should be, below is a list of fees, which may and may not be charged to a borrower at closing in Idaho.  The VA only allows certain fees to be charged to the Veteran on a home loan purchase or refinance, fees which are not allowed have to be paid by some other means, contact 1st Choice Mortgage, your VA Home Loan Specialist for complete details.

VA Loan Limits:  $424,100 (as of 01/01/2017)

YES = Veteran CAN pay for item
NO = Veteran CAN NOT pay for item

 

  VA Purchase VA Refinance
ALTA Title Policy YES YES
Appraisal Fee YES YES
Commitment Fee NO NO
Compliance Fee YES YES
Courier Fee NO NO
Credit Report Fee YES YES
Discount Points YES YES
Doc Prep Fee NO NO
Escrow Fee NO NO
Flood Cert Fee YES YES
Hazard INS. Premium YES YES
Mortgage Insurance N/A N/A
Origination Fee YES YES
Owner's Title Policy NO N/A
Prepaid Interest YES YES
Processing Fee NO NO
Property Assessment NO NO
Reconvayance Fee NO YES
Recording Fee YES YES
Tax/Ins. Impounds YES YES
Tax Service Fee NO NO
Termite NO NO
Trustee Fee NO NO
Underwriting Fee NO NO
VA Funding Fee YES YES
Warehouse Fee NO NO

 

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What is Your Credit Score?Estimated Down PaymentHow Did You Hear About Us?Are you a Veteran?
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