IRRRL Funding Fee
Since a Veteran has already paid their VA Funding Fee in Full on their purchase loan for the home, the IRRRL Funding Fee is typically reduced.
- Most VA Borrowers will pay a .5% funding fee for their VA IRRRL Refinance loan.
- Veterans who had a service related disability that are deemed more than 10% disable that were honorable discharged are exempt from VA Funding Fees.
- The surving spouse of a Veteran who died of a service related disablity is also exempt from the VA Funding fee.
- If you want up to date information and accurate funding fee information check the VA Funding Fee Chart