Va Funding Fee Subsequent Use 2024. Va loan type funding fee; The fee can vary depending on factors such as the borrower’s military category, down payment amount, and whether it is the borrower’s first or subsequent use of the va.
Subsequent use with a down payment of 5% or more = 1.5%; Va funding fee = $400,000 x 2.15% = $8,600.
Funding Fees For A Subsequent Va Loan Are 3.3% With A Down Payment Less Than 5%, 1.5% With A Down Payment Of 5% To 9.9% And 1.25% With A Down Payment Of 10% Or More.
The fee increases to 3.3% for borrowers with.
Calculate The Va Funding Fee As Follows:
Veterans who put down less than 5% on their home purchase will pay 2.15% of the loan amount when buying a home for the first time, and they’ll pay a funding fee of.
Your Funding Fee On Your First Va Loan Without A Down Payment Will Equal 2.3% Of Your Loan.
Images References :
The Funding Fee Varies Based On Factors Such As Military Status, Down Payment, And Whether It's The First Or Subsequent Use Of The Va Loan Benefit.
1.25% (subsequent user) other closing costs:
For A Subsequent Application Without A Down Payment, Your Fee Will.
The fees could change again in the future.
Subsequent Use With A Down Payment Of Less Than 5% = 3.3% Funding Fee;