It would be paid for by extending pension reductions for Medicaid-eligible veterans in nursing facilities and continuing fees on VA-guaranteed home loans. The funding deal. Charleston, S.C.; Corpus.
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· Loans through the NADL program cap the VA funding fee at 1.25% for mortgages. With regular VA loans, the funding fee can go up to 3.3%. The VA makes NADL loans directly, while regular VA loans come from private lenders. The VA determines the interest rate and closing costs, which could be lower than those of private lenders.
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Ashley Orsini, a 26-year-old in Arlington, Va., who herself works in the mortgage industry, has no plans to buy a home, at least in the immediate future, even though she has no credit card debt and.