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Funding Fees
  • In order to defray costs of administering the VA Home Loan program, borrowers pay a funding fee at time of closing.

    What is your experience with funding fees?
  • I have paid the funding fee as a VA beneficiary and I have explained this cost to other veterans and servicemembers.
  • In my experience, I don't think funding fees are explained well enough to buyers, but none of them have complained about them either since they do not put any money down.