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Home Equity > VA Mortgage Funding Fee
The following information is about VA Mortgage Funding Fee.
VA Mortgage Funding Fee Defined
A premium of up to 2 percent (depending on the size of the down payment) paid on a VA-backed loan. On a $75,000 30-year fixed-rate mortgage with no down payment, this would amount to $1,406 either paid at closing or added to the amount financed.
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