Ask local experts. The median sales price for homes in Levittown PA for Jul 15 to Sep 15 was $208,500. This represents an increase of 2.7%, or $5,500, compared to the prior quarter and an increase of 12.7% compared to the prior year. Sales prices have appreciated 6.9% over the last 5 years in Levittown.sk local experts. The median sales price for homes in Levittown PA for Jul 15 to Sep 15 was $208,500. This represents an increase of 2.7%, or $5,500, compared to the prior quarter and an increase of 12.7% compared to the prior year. Sales prices have appreciated 6.9% over the last 5 years in Levittown.
funding fee. funding fee. (1) A fee charged to the borrower by the Veterans Administration for guaranteeing a loan. (2) A fee charged by lenders as additional profit,and which may be negotiated downward.
Simply put, the funding fee is a cost associated with obtaining a VA loan. Because VA loans are paid for both by the government and taxpayer dollars, the funding fee helps to offset the cost of administering the loan. This helps to ensure that the loan continues to require no down payment and no monthly mortgage insurance.