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Just Closed at 2.375% w/ a VA Loan, Details in comments for those interested.

- We are in the N. OKC area (Edmond), this was a new construction home from the ground up. 4 bed, 2 Bath, 1900 SF in a great part of town with all 10/10 schools.

- 30 Year fixed VA loan

- Purchase Price was 269K, we put $2K in earnest and $2.1K in out of pocket upgrades

- We did NOT buy down points.

- Locked in the rate exactly 30 days ago.

- The lender charged $1,095 for the loan/origination fee and gave us slightly over $2K in lender credits

- We put $0 down and financed the VA funding fee. The funding fee goes directly to the VA

- The builder gave us $2K in closing cost credit.

- We paid nothing at closing and paid the VA appraisal fee of $500 out of pocket about 2 weeks ago.

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I cant think of any of the other big points or key take-aways but i have all the info and can answer any questions from the buyers perspective if anyone wants. We are a regular family of 5 with average income and great credit. We are super stoked and couldn't be more excited.

​

*EDIT - closing was today at 3.

submitted by /u/aStinkyLoad
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source https://www.reddit.com/r/RealEstate/comments/j1ovci/just_closed_at_2375_w_a_va_loan_details_in/
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