thanks julie. I will check into it. seems to overwhelming. I'll report back..

Tu,

The best source for this answer should be a mortgage lender or mortgage broker or the Veteran's Administration themselves.

Generally speaking, VA loans can typically be financed up to 100% of the maximum VA loan amount in the county in which the property is located . Typically a funding fee can be financed on the loan. Seller's contributions toward closing costs are limited to no more than 6% and can be contributed toward closing costs and prepaid items (and this is negotiated between buyer and seller). I am speaking in common knowledge and generalties.

But what you may be describing is either a purchase above the maximum loan amount to 100% finance in an area or a ratio situation that has to do with your personal financial situation and debt to income ratios. If you don't understand, ask your lender to explain the details. If you are not satisfied, feel free to call the VA and speak to someone who assists Veterans. Good luck.