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Guidelines for FHA and Conventional Loans
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TEMPORARILY NOT OFFERING MORTGAGE LOANS, SORRY FOR THE INCONVIENCE.

Guidelines for Conventional Loans

A True No Cost Refinance allows the borrower to reduce their interest rate on their Conventional mortgage with NO CLOSING COSTS. . The savings potential for you is enormous, and the program is a perfect fit for people wishing to lower their fixed rate, move from an adjustable rate to a fixed rate, or obtain cash-out. To speak directly to a mortgage specialist call .

Below is an example of our Good Faith Estimate of Loan Settlement Costs.

Estimate of Loan Settlement Costs
This gives a "Good Faith Estimate" of many of the charges you will have to pay in connection with the settlement of your loan. The figures shown are estimates, are subject to change, and are computed based on sales price and proposed mortgage amount as stated on your loan application.
Name:John Q Veteran Loan amount: Your Loan Amount Here
Property Address: 111 Veteran Drive, Anytown USA
ITEMS PAYABLE IN CONNECTION WITH LOAN
801    Origination Fee    %  
802    Loan Discount    .%  
803    Appraisal Fee $200.00
804    Credit Report $50.00
805    Lender's Inspection Fee  
806    Mortgage Insurance Application Fee  
807  
808    Application Fee  
809  
810    Underwriting Fee  
811    Buydown Fee  
812    Commitment Fee  
813  
814    Messenger  
815  
901    Interest for 15 Days @ $18.861 per day $282.92*****
902    Mortgage Insurance Premium for    months
904    One Time FHA Insurance Premium - MIP TO BE FINANCED
905    VA Funding Fee
906
907
1101    Settlement or Closing Fee $250.00
1102    Abstract or Title Search
1103    Title Examination
1104    Title Insurance Binder
1105    Document Preparation
1106    Notary Fees
1107    Attorney's Fees
1108    Title Insurance $640.00
1111    Tax Service Contract Fee
1112    Amortization Schedule
1113
1114
1201    Recording Fees $25.00
1202     FED EX ENDORSEMENTS $150.00
1203    Mortgage Registration Tax
1204
1301    Mortgage Title Inspection / Survey
    Flood Certification $22.00
    Termite Inspection
The VFW Mortgage Department Total. ***** (EXCLUDING ANY INTEREST) Total: $ 1,619.92
  • The above Good Faith Estimate of Loan Settlement Costs are made pursuant to the requirements of the Real Estate Settlement Procedures Act (RESPA). These figures are only estimates and the actual charges due at settlement may be different.
  • This form does not cover all items you will be required to pay in cash at settlement, for example, deposits in escrow for real estate taxes and insurance. You may wish to inquire as to the amount of other such items. You may also be required to pay other additional amounts at settlement.
  • The actual portion of the costs listed above to be paid by the buyer is determined by the contract of sale.

To apply with VFW Real Estate & Mortgage Services call 1-800-VFW-2199 today.

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