Who is exempt from the VA funding fee?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Veterans receiving VA compensation for a service-connected disability are exempt from the funding fee, as are certain surviving spouses and some Purple Heart recipients on active duty.
Exemption can save thousands. We verify your status through the VA so the fee is correctly waived at closing.
Disability-based exemption
Veterans who receive VA disability compensation are exempt from the funding fee. Surviving spouses receiving benefits due to a service-connected death also qualify for the exemption.
Purple Heart recipients on active duty are typically exempt as well.
Big potential savings
The exemption can save thousands, since the funding fee runs up to 3.3% of the loan. It is applied automatically once your status is confirmed on your Certificate of Eligibility.
We verify your exemption for you. Apply now and we will make sure you are not charged a fee you should not owe.