VA Funding Fee Waivers for Veterans and Active Duty

 

Hey my fellow Veterans and active duty service members — did you know the VA Funding Fee can actually be rolled into your loan, and in many cases, it can be waived entirely?

For those who aren’t familiar, the VA Funding Fee is a one-time charge that helps keep the VA Loan program strong for future generations of Veterans. It’s typically a percentage of the loan amount and varies depending on whether it’s your first VA loan or a subsequent use.

The Good News

  • You don’t have to pay it out of pocket. The VA allows the fee to be financed (rolled into the loan), so you won’t need to bring that money to closing.

  • It may be waived. If you receive VA disability compensation, are eligible to receive it, or if you’re an active-duty service member who’s been awarded the Purple Heart, you qualify for a full waiver of the VA Funding Fee.

Why This Matters

On a $300,000 home, the funding fee could be several thousand dollars. Having that waived or rolled into the loan can mean the difference between being able to buy now versus having to wait. It’s one of the most powerful benefits of using your VA loan entitlement.

Final Thoughts

The VA Loan program was designed to honor your service — and part of that means removing barriers to homeownership. Whether you’re buying in Texas, Florida, Alabama, Colorado, or Tennessee, knowing your benefits can save you money and stress when it matters most.

If you’re unsure whether you qualify for the waiver, let’s talk. I’ll help you navigate the process so you can take full advantage of your VA benefits. https://www.va.gov/housing-assistance/home-loans/funding-fee-and-closing-costs/

Location: McKinney, TX, USA

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