VA Loan Specialists in Rockville, MD
Compare va loan specialists in Rockville. Review contact information and insurance categorys before you decide.
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State Mortgage Licensing Authority of Maryland before hiring.
Showing 20 va loan specialists in Rockville, MD
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What Does a VA Loan Specialist in Rockville Cost?
Typical costs for a VA loan specialist in Maryland include an origination fee of up to 1% of the loan amount. The VA funding fee ranges from 1.4% to 3.6% depending on your down payment and service category. Appraisal fees in Rockville generally cost between $500 and $700. Closing costs such as title insurance and recording fees add 2% to 5% of the purchase price. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What are the eligibility requirements for a VA loan in Rockville Maryland?
You must have served 90 consecutive days of active service during wartime or 181 days during peacetime. National Guard and Reserve members may qualify after six years of service. A Certificate of Eligibility from the VA is required to start the process.
How does the Maryland property tax exemption work for veterans?
Maryland offers a property tax credit for veterans with a 100% service-connected disability. The exemption applies to the first $50,000 of assessed value for qualifying veterans. You must apply through the Montgomery County Department of Finance.
Can I use a VA loan for a condo or townhouse in Rockville?
Yes but the property must be on the VA approved condominium list. Many Rockville condos are approved but you should verify with your specialist. The property must also meet minimum property requirements set by the VA.