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  2. What is the VA funding fee? - AOL

    www.aol.com/finance/va-funding-fee-everything...

    The latest fee structure took effect on April 7, 2023. With that change, if you put less than 5 percent down, the VA funding fee for first use cases fell from 2.3 percent to 2.15 percent. The ...

  3. VA loans: What they are and how they work - AOL

    www.aol.com/finance/va-loans-200043770.html

    Refinancing a VA loan. There are two main ways to refinance a VA loan: with an Interest Rate Reduction Refinance Loan (IRRRL), also known as a VA streamline refinance; or with a VA cash-out refinance.

  4. What is a VA streamline refinance (VA IRRRL) and how ... - AOL

    www.aol.com/finance/va-streamline-refinance-va...

    Also known as a VA streamline refinance, a VA IRRRL refinances an existing VA loan but without many of the requirements that apply in a typical refinance. This type of VA refinance can be a ...

  5. VA loan - Wikipedia

    en.wikipedia.org/wiki/VA_loan

    In a refinance where the loan is a VA loan refinancing to VA loan (IRRRL Refinance), the veteran may borrow up to 100.5% of the total loan amount. The additional .5% is the funding fee for a VA Interest Rate Reduction Refinance. VA loans allow veterans to qualify for loan amounts larger than traditional Fannie Mae / conforming loans

  6. VA loan refinance: What is it and how does it work? - AOL

    www.aol.com/finance/va-loan-refinance-does...

    The two primary VA loan refinance options are Interest Rate Reduction Refinance Loans (IRRLs) and VA cash-out refinances. ... If it’s your first VA home loan, the funding fee (as of April 2023 ...

  7. VA closing costs: What are they and how much do they cost? - AOL

    www.aol.com/finance/va-closing-costs-much-cost...

    Funding fee – This one-time charge, which is on most VA loans, is based on the type of VA loan (for example, purchase or refinance), the total amount being borrowed, your down payment and ...

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