VA Home Loan Process FAQ
VA Purchase / Construction Loans
Type of Veteran | Down Payment | % - First Time Use | % - Subsequent Use |
---|---|---|---|
Reg. Military & Reserves | None 5% - 99% or more | 2.15% 1.65% 1.4% | 3.3% 1.65% 1.4% |
* The higher subsequent use fee does not apply to these types of loans if the veteran’s only prior use of entitlement was for a manufactured home loan.
VA Cash Out / Regular Refinance Loans
Type of Veteran | % - First Time Use | % - Subsequent Use |
---|---|---|
Reg. Military & Reserves | 2.15% | 3.3% |
VA Fixed Funding Fee Loans
Type of Loan | % - First Time Use or Subsequent Use |
---|---|
IRRL (Streamline Refinance) | 0.50% |
Manufactured Homes (Not Perm. Fixed) | 1.00% |
Loan Assumptions | 0.50% |