So you’re interested in a VA loan, but you’re confused about some of the terms? You’re not alone. One of the most common questions that’s asked about VA loans is “What is the funding fee?” 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.
Tag Archives | VA Loan Funding Fee
Got a question about VA Loans? Quicken Loans team member and veteran of the US Army, Clayton Closson, has got your answers in our weekly video blog!
The VA loan is one of the most popular loan programs in America – with over 14 million veterans and military members taking advantage of [...]
The VA loan is one of the most popular loan programs in America. In fact, since the end of World War II more than 14 million [...]
It just got easier for veterans and active members of the military to refinance their VA loans. Find out how military members can lower their VA loan payment with the VA streamline refinance.
An attempt to debunk some of the common myths associated with VA loans. This great benefit of military service is often misunderstood and underutilized – we’re hoping this will help change things.
The VA has revised their qualification requirements for post-traumatic stress disorder. Find out the new qualification requirements and how they can impact your VA loan.