What is the VA Funding Fee?
The funding fee is charged by the Department of Veterans Affairs, not the lender, and is part of the federal laws that created the VA Loan Program. The funding fee is typically added to the loan amount and does not require the Veteran borrower to pay it up front. The fee varies depending on whether the borrower has previously had a VA Loan and/or if there is a down payment on the property. It also varies for VA Streamline refinances. Veterans who have a disability rating are exempt from the VA funding fee.
To get started on your VA Home Loan, call us at 561-810-1711 or fill out the short form on this page. A specialist from our team will contact and assist you with your VA Mortgage pre-qualification.
