The VA is making some changes coming soon. Please see below.
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Loan Fee Structure for VA-Guaranteed Loans |
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Veteran |
Reservist/National Guard |
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First Time Use |
2.15%
1.50%
1.25% |
2.40%
1.75%
1.50% |
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Downpayment Less than 5 percent1 *November 22, 2011 through September 30, 2016 At least 5 percent but less than 10 percent *November 22, 2011 through September 30, 2016 10 percent or more *November 22, 2011 through September 30, 2016
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Second and Subsequent Use |
3.30%
1.50%
1.25% |
3.30%
1.75%
1.50% |
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Downpayment Less than 5 percent1 *November 22, 2011 through September 30, 2016 At least 5 percent but less than 10 percent *November 22, 2011 through September 30, 2016 10 percent or more *November 22, 2011 through September 30, 2016
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Refinancing Loans |
0.50% |
0.50% |
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Interest Rate Reduction
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Other |
0.50% 0.00% |
0.50% 0.00% |
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Assumptions Service-connected Veterans
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1 includes ‘Cash-Out’ Refinancing loans
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