Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What does “VA Vendee Financing Avail. , Down Payment $500” mean?

April 26, 2017avail down payment financing mean VA vendee

0

Posted

What does “VA Vendee Financing Avail. , Down Payment $500” mean?

1 Answer

0

Posted

This means there is special financing available from the VA. The down payment is only $500. If the VA Vendee Financing is available for a property and no down payment is mentioned, the funding fee is 2.25% of the loan amount. The VA s interest rates are competitive. Ask your real estate agent for the current rate.