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Scott Synovic CMA, CMPS, CMHS
Fairway Independent Mortgage
303.668.3350

Who is Exempt from the VA Funding Fee?

1/16/2016

 

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.
Scott Synovic is a top performing mortgage loan originator providing superior levels of service and satisfaction to clients and business partners in Colorado - www.scottsynovic.com NMLS #253799 Fairway Independent Mortgage Corporation #2289

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Scott Synovic NMLS #253799 Fairway Independent Mortgage NMLS #2289
NMLS Consumer Access. Fairway Independent Mortgage Corporation
950 South Cherry Street, Suite #1515, Denver, Colorado 80246

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​Licensed Mortgage Loan Originator licensed in Colorado and California.
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