Master VA Home Loan Savings Experts Reveal Shocking Secrets
Debunking Myths: The Real Cost of VA Loans
A common misconception is that VA loans are more expensive due to the VA funding fee, which is a one-time payment required by the VA to help keep the program running. However, this fee can be financed into the loan, and exemptions are available for veterans with service-connected disabilities4. When compared to the savings from no PMI and competitive interest rates, the VA funding fee is often outweighed by the overall cost benefits.