Video Transcript:
The VA funding fee adds thousands to your loan, a cost most veterans simply finance. But this isn't a mandatory expense; for many, it is entirely avoidable. I'm David Ghazaryan, and my team directly verifies your status through the VA's Certificate of Eligibility. This document must state “EXEMPT” to systemically eliminate the fee. The critical detail involves timing. If a disability claim was pending before closing and approved retroactively, you are owed a full refund directly from the VA. Don't just assume your COE is updated. We proactively use your VA award letter to override outdated information, ensuring the lender applies your exemption from day one. The financial stakes increase with subsequent use. The funding fee jumps from 2.15% to 3.3%, adding thousands more to your loan if your exemption isn't verified. These structural mechanics are what I analyze on my platforms. The full article provides more detail. You can find all the links below in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/how-to-waive-the-va-loan-funding-fee-in-texas
