VA Funding Fee

The VA funding fee can significantly affect the cost of your mortgage. In this video, Alex Carlucci from Gustan Cho Associates clearly explains how the VA funding fee works: 2.1% for first-time use, 3.3% for subsequent uses, and 3.3% for cash-out refinances. He also reveals an important exemption—disabled veterans (10%, 70%, or any VA-rated disability) pay no funding fee at all! Watch now to learn exactly how much your VA loan could cost, or save you, today.

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