VA Funding Fee

The VA Funding Fee is a fee VA charges military veterans for the usage of a VA Mortgage.  The VA Funding fee is a form of mortgage insurance that your Phoenix Arizona VA Mortgage Lender typically finances into a veterans VA home loan at closing.  The Arizona Veteran does not pay this out of pocket unless they want to.  Instead, it is a part of their total and final VA loan amount.  The VA funding fee allows the VA to insure VA loans against defaults.  Therefore it is what allows Arizona VA … [Read more...]