Homebuyers can finance up to 100 percent of the purchase price, with no down payment, a low upfront funding fee
and low monthly USDA fee.
The downside of the VA loan includes a funding fee
, which runs about 2% and complicated eligibility requirements and limits.
Evotec will receive a fixed research funding fee
over the term of collaboration and will be further rewarded on achieving the goals of the research collaboration with early stage discovery, preclinical and clinical milestones.
Contractors on GSA Schedules will be permitted to withhold a portion of the industrial funding fee
to cover costs associated with a reduction in the fee.
QUESTION: Would GSA be willing to negotiate less than the one percent industrial funding fee
According to an article in the November 19, 2002, issue of Federal Contracts Report, GSA has announced that, effective January 1, 2004, it intends to reduce the industrial funding fee
for the multiple-awards schedule (MAS) program from 1 percent to 0.75 percent.
GSA has issued a proposed rule to amend the General Services Administration Acquisition Regulation (GSAR) with respect to provisions regarding Industrial Funding Fees
However, VA funding fees
and FHA mortgage insurance fees are not deductible as points.
GAO said revenue from the fees, known as industrial funding fees
, exceeds the cost of operating the schedules by 53%.