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VA Issues Temporary Policy Change on Home Loan Buyer-Broker Fees

VA Issues Temporary Policy Change on Home Loan Buyer-Broker Fees

by Phil Hall | Jun 11, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Veterans Affairs (VA) issued a circular announcing a temporary policy change that will enable borrowers using the VA home loan program to pay certain real estate buyer-broker fees when purchasing a home. The circular comes in the wake of the...
VA Issues Temporary Policy Change on Home Loan Buyer-Broker Fees

VA to Publish Circular Addressing Buyer Commission Policy

by Phil Hall | May 22, 2024 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Veterans Affairs announced plans to publish a circular that would address the buyer commission prohibition on VA loans. The circular, which is planned to be issued by June 12, would address the changes to broker commissions enacted by the...
NAR Requests Changes to VA Home Loan Policies, Citing ‘Potential Disadvantage’ to Veterans

NAR Requests Changes to VA Home Loan Policies, Citing ‘Potential Disadvantage’ to Veterans

by Phil Hall | Mar 27, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

In the wake of the $418 million settlement by the National Association of Realtors (NAR) that will result in changes to the real estate agent commission structure, a new problem arose regarding veterans seeking to buy a home using a VA home loan. Under the current...
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