The VA Funding FEE Explained
business September 17th. 2019, 6:37pmThis video and its contents are not intended for residents or home owners in the states of MA, NY or WA.
The VA Funding FEE Explained | (866) 569-8272
Many veterans ask the question, what is the VA funding fee? The VA funding fee helps make then benefit of the VA home loan possible. In the video above Eric describes how the VA funding fee works and the VA funding fee exemption. If you have more questions about the VA funding fee or the VA funding fee chart give us a call today at 866-569-8272.
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VA home loan expert, Chris Birk explains how some eligible borrowers can receive a VA funding fee refund.
There are times when VA buyers pay the funding fee at closing but can later obtain a refund. Veterans and military buyers who receive compensation for a service-connected disability donβt have to pay this fee. Neither do surviving spouses and veterans rated eligible to receive disability compensation as a result of a pre-discharge exam or review. Veterans on active duty who are entitled to receive disability compensation are also exempt.
Time Stamps
0:10 – Purpose of the Fee
0:42 – Exemptions
1:54 – Qualifying for a Refund
2:30 – VA Decision
2:56 – How the Fee is Refunded
Learn more about how to get a VA funding fee refund: https://www.veteransunited.com/education/library/va-funding-fee-refund/
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