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Updated 4 days ago, 12/29/2024

Juan Ruben Cortez's profile image
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Juan Ruben Cortez
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Buying & Selling Real Estate

Assuming a VA Loan

Juan Ruben Cortez
Pro Member
Posted

Looking for more information in regard to assuming a VA Loan from someone. What type of transaction fees should I be looking to pay and is there a down payment required? If so, how is that determined? Any additional advice is helpful. Thanks in advance.

- Juan Cortez

  • Juan Ruben Cortez
    • San Diego, California
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    Quote from @Juan Ruben Cortez:

    I believe the funding fee is 0.5% of the remaining loan balance, plus maybe another $500 - $1,000 in lender fees.


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