[GMONEY]

Yes that is right, Under the VA, the buyer can not pay for some of the cost that they would under a conventional loan. This whole deal only in The Villages applies to a new home, it does not apply to a used or previous owned home.. From my understanding and I will verify this, Citizens is not an approved VA lender, so you would have to use outside financing for the VA on a previoud owned home. But there is also more to it than just the closing cost. I asked alot of questions and jumped on alot of desk and feet. but got the info I needed.

Even if you put the 20% down it would ne a no no. Besides if your willing to put the 20% down to go VA, why not just go conventional all the way??????