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will VA pay for my closing costs?

I want a loan through my VA benefits and wondering if any lenders have heard of VA paid closing costs or closing cost assistance through VA? Is this a feature along with zero down VA mortgages? by quang.coco74623504 from Erie, Pennsylvania. Jun 30th 2014 Reply


Fred Glick (FredGlick)
#18 ranked lender in Pennsylvania - 20 contributions

It is not that VA pays closing costs, the seller can pay it. Your real estate agent can negotiate that for you.If you have questions, contact me at 215 239 9400 Fred Glick, NMLS #133975

Jun 30th 2014
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

VA loans within the conforming loan limits are zero down.. closing costs however have to be paid, and VA does not pay them or allow you to finance them. Typically, you can ask the seller to contribute to your costs, or you can ask the lender to give you a lender credit to be applied towards the costs, or a combination of the two.. It's obvious you have not talked to a mortgage broker yet, so I would advise that if your serious about getting a new home, then take the time to contact a local mortgage broker and let them get you pre approved and show you how the costs can be paid.. no more guessing!! I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jul 1st 2014
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John Schweer (johnschweer)
#9 ranked lender in Missouri - 163 contributions

There are some specality programs for our severly disabled veterans, other wise it would be in the form of a seller concession, or the lender could pay them from the profit of the loan or a combination of both.... I am a US Veteran just like yourself and been specializing in VA lending since 1998... I am federaly licenced to, and in all 50 states.... Thanks for you service.... call me at 816-412-3568 and we can discuss your situation with no obligation. V/r John Schweer

Jul 1st 2014
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Steven Ceceri (123LoanYes)
#12 ranked lender in Rhode Island - 723 contributions

The easiest thing to do is to make your offer conditional upon the Seller providing up to a certain % of the sales price towards your closing costs. If you are working with a mortgage professional who can originate VA insured loans, then you should be able to get a very good idea of what those anticipated closing costs would be. This would help you in making your offer and allow you to purchase the home for very little or no money down when the transaction is completed. Good Luck!

Jul 2nd 2014
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