Updated in 2023, the VA funding fees are a paid directly to the VA as a % of the final loan amount to insure mortgage lenders in case of loan default. The fee is typically financed into the final loan balance.
| Down Payment Amount | Funding Fee Percentage | |
| First Use | Less than 5% | 2.15% |
| 5% or more | 1.50% | |
| 10% or more | 1.25% | |
| Subsequent Use | Less than 5% | 3.30% |
| 5% or more | 1.50% | |
| 10% or more | 1.25% | |
| Disabled Veteran | Exempt |
| Funding Fee Percentage | |
| First Use | 2.15% |
| Subsequent Use | 3.3% |
| Disabled Veteran | Exempt |
| Loan Type | Funding Fee Percentage |
| Interest Rate Reduction Refinance Loans (IRRRLs) | 0.5% |
| Manufactured Home Loans (not permanently affixed) | 1% |
| Loan Assumptions | 0.5% |
| Native American Direct Loan (Non-IRRRL) | 1.25% |
| Disabled Veteran | Exempt |
