Compare VA Loan Specialists in Drexel Hill, PA
Looking for a va loan specialist in Drexel Hill? Review the directory below to compare your options.
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the
State Mortgage Licensing Authority of Pennsylvania before hiring.
Showing 3 va loan specialists in Drexel Hill, PA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a VA Loan Specialist in Drexel Hill Cost?
Typical costs for a VA loan specialist in Pennsylvania include an origination fee of 1% to 2% of the loan amount, plus third-party fees for appraisal, credit report, and title search. The VA funding fee for first-time use is 2.15% for regular military and 2.4% for reserves or National Guard, unless you are exempt due to a service-connected disability. Pennsylvania also charges a 1% transfer tax on the property sale price, which is usually split between buyer and seller. This is general information, 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 Drexel Hill?
You must meet VA service requirements, such as 90 days of active duty during wartime or 181 days during peacetime. Surviving spouses of service members who died in the line of duty may also qualify. A Certificate of Eligibility from the VA is required.
Are there any Pennsylvania-specific rules for VA loans?
Pennsylvania does not impose state income tax on military retirement pay, which can affect your debt-to-income ratio. The state also requires lenders to be licensed under the Pennsylvania Department of Banking and Securities. You must also comply with local property tax rules in Delaware County.
What costs should I expect when working with a VA loan specialist in Drexel Hill?
VA loan specialists typically charge a flat fee or a percentage of the loan amount, often between 1% and 2% of the loan value. The VA funding fee ranges from 0.5% to 3.6% depending on your down payment and service history. Costs vary by case and lender.