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VA funding fee: Who pays and who is exempt?

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VA funding fee: Who pays and who is exempt?
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Borrowers of VA-guaranteed home loans may be required to pay a fee. This payment helps to offset costs to taxpayers. It allows veterans to access benefits such as no private mortgage insurance.

The fee amount varies, depending on certain factors. For some borrowers, the fee can be included in the loan amount. Further details about the fee, including how it is calculated and paid, are available from the source.

Originally reported by VA News. Read the original article →
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