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Topical Terminology > Va Mortgage Funding Fee



4 Definitions

VA Mortgage Funding Fee

For VA Mortgage Funding Fee we have terms and definitions in 4 topics. The topics are Debt Consolidation, Home Equity, Mortgage and Refinance.



Va Mortgage Funding Fee (Debt Consolidation)

A premium of up to 2 percent (depending on the size of the down payment) paid on a VA-backed loan. On a $75,000 30-year fixed-rate mortgage with no down payment, this would amount to $1,406 either paid at closing or added to the amount financed.


Va Mortgage Funding Fee (Home Equity)

A premium of up to 2 percent (depending on the size of the down payment) paid on a VA-backed loan. On a $75,000 30-year fixed-rate mortgage with no down payment, this would amount to $1,406 either paid at closing or added to the amount financed.


Va Mortgage Funding Fee (Mortgage)

A premium of up to 1-7/8 percent (depending on the size of the down payment) paid on a VA-backed loan. On a $75,000 fixed-rate mortgage with no down payment, this would amount to $1,406 either paid at closing or added to the amount financed.


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Va Mortgage Funding Fee (Refinance)

A premium of up to 2 percent (depending on the size of the down payment) paid on a VA-backed loan. On a $75,000 30-year fixed-rate mortgage with no down payment, this would amount to $1,406 either paid at closing or added to the amount financed.




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