VA is such a great loan, Gary, because it is 100% financing which means no down payment for you. There is an upfront funding fee, and then your normal closing costs, but those can usually be negotiated to have the seller pay all or part of them.

Between that and if you are a first time homebuyer, the $8000 first time homebuyer tax credit, you have an ideal situation. Find a home and buy it! If you have any questions, please contact me.
Debbi Love
801-518-4977
debbi@saltlakehomefinders.com

Generally you need 0 downpayment.

Check out this page. Should help you out with any other questions: http://www.homeloans.va.gov/faqpreln.htm



Sean Dawes