Does a VA Disability Rating Affect Loan Eligibility?

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Got a VA disability rating? You may be saving significantly more money than you realize.

Your VA disability rating doesn't affect your basic eligibility for a VA loan—you still need to meet the standard military service requirements that we've covered in previous Daily Orders episodes. However, having a service-connected disability rating can provide substantial financial benefits that many veterans don't fully understand.

If you have a 10% or higher service-connected disability rating from the VA, you're automatically exempt from paying the VA funding fee. This exemption represents significant savings that can amount to between 2.15% to 3.3% of your total loan amount.

Let me put this savings in concrete terms: on a $300,000 loan, this funding fee exemption could save you over $6,000 at closing. That's real money that stays in your pocket instead of going toward fees, money that you can use for moving costs, home improvements, or simply keeping as emergency funds.

This benefit recognizes explicitly the additional sacrifices made by veterans who sustained service-connected injuries, illnesses, or conditions during their military service. It's designed to provide financial relief to those who gave more than their time—they gave their health in service to our country.

The exemption process is automatic when you have a qualifying disability rating, so there's no additional paperwork, applications, or bureaucratic hurdles beyond your standard VA loan process. Your lender will verify your exemption status directly with the VA.

This is precisely the kind of benefit stacking that can make homeownership more affordable for veterans who have already made significant sacrifices. Understanding and utilizing all your earned benefits is part of maximizing the value of your military service.

Follow to learn more about how to stack your VA benefits for maximum financial advantage strategically, and I'll help you confirm your exemption status and calculate your specific potential savings. Remember, I'm here to help. Semper Fi.

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