There are a number of costs for a VA Home Loan.
Your personal goals and individual situation can affect the costs of your loan. For example, the VA funding fee differs if you are a veteran (2.15% fee in common cases) or eligible member of the reserve/national guard (2.4% fee in common cases). Plus, if you’re a veteran with a service-related disability you may be exempt from the funding fee altogether.
Our VA Loan Specialists will be able to help you with any questions relating to how your personal circumstances and goals can affect VA Home Loan costs.
Plus, there are a number of other VA loan costs that can include:
- VA appraisal
- Credit report
- Loan origination
- Discount points
- Title search and title insurance
- Recording fees
- State and/or local transfer taxes, if applicable
- Survey
These costs can change, and differ from loan to loan. Our VA Loan Specialists will provide you with the most up-to-date information about the costs involved with your loan.