Rates are in one of those famous holding patterns now for over a month. Normal…
VA May Eliminate Non-Allowable Fees
The Veteran’s Administration posted a notice in the Federal Register seeking comments on how they should rewrite the rules on what fees are allowable on VA loans. Many years ago the VA wrote in its regulations what fees are allowable to be charged to the veteran. The world has changed, in federal laws, state laws, and customs making this a reason listing agents don’t like VA loans. Everyone who reads this should take time to tell VA that the idea of non-allowable fee rules is no longer necessary.
Source: NAMB Past President John Councilman