Who is Exempt from the VA Funding Fee?

Who is NOT required to pay the VA funding fee?

VA loan applicants pay a funding fee – as of 2014, 2.15% of the total loan amount. Some veterans and spouses are eligible for exemption.

Broadly speaking, veterans who received disability benefits – current or former and who are NOT currently in debt to the government may be exempt from the funding fee. Some spouses may qualify as well.

The key thing to understand is, exemption from the funding fee is NOT automatic! Borrowers must certify their veteran status, government debt, benefits and active service state on VA Form 26-8937. My team will help you the entire way!

Contact me direct at 303.668.3350 for any questions regarding your VA home loan or eligibility.