VA home loan expert, Chris Birk explains how some eligible borrowers can receive a VA funding fee refund.
There are times when VA buyers pay the funding fee at closing but can later obtain a refund. Veterans and military buyers who receive compensation for a service-connected disability don’t have to pay this fee. Neither do surviving spouses and veterans rated eligible to receive disability compensation as a result of a pre-discharge exam or review. Veterans on active duty who are entitled to receive disability compensation are also exempt.
0:10 – Purpose of the Fee
0:42 – Exemptions
1:54 – Qualifying for a Refund
2:30 – VA Decision
2:56 – How the Fee is Refunded
Learn more about how to get a VA funding fee refund: https://www.veteransunited.com/education/library/va-funding-fee-refund/
For more tips, follow us on:
#VALoan #FundingFee #Refund
Greetings my name is Rich,
I own U.S Veterans and I am a Veteran. I am making a website to help and inform US Veterans. I have many sites I own so I am a little slow at times. For those of you that have been following me this is my final answer for this website U.S. Veterans! I will be populating and updating it over the next few months as the site grows I hope to open it up more for veterans to log into and help and inform others of their experiences by early 2021.. I hope you find something helpful here and be sure to check back for updates. I have many news sites, you will find the RSS Feeds for those sites on U.S. Veterans.