Using a USDA Loan? Know the Funding Fee!

Name: Using a USDA Loan? Know the Funding Fee!
Uploaded: 2010-01-27T02:46:17+00:00
Duration: 53 s
Channel: KeithChabot
Description: http://www.firsttimehomebuyerclassroom.com/.html The USDA funding fee is required by law. The fee, currently 2% on no down payment loans for a first-time use, is intended to enable the borrower who ob...

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http://www.firsttimehomebuyerclassroom.com/.html <br /><br />The USDA funding fee is required by law. The fee, currently 2% on no down payment loans for a first-time use, is intended to enable the borrower who obtains a USDA home loan to contribute toward the cost of this benefit.