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To be eligible for a refund of the VA funding fee, borrowers must either have been awarded VA disability compensation before the loan’s closing date or have a pendingVA disability claimthat is later approved with an effective date prior to the loan’s closing date. To claim your refund, c...
Disability compensation VA Health benefits If they’re the spouse of a living veteran, consider whether they can qualify for the Aid and Attendance benefit with their spouse. If they’re a surviving spouse or another surviving dependent, look closely at the Survivors Pension. They may have eligib...
It’s great to know how to use the combined rating table so you can verify your disability rating for yourself. But it’s also nice to be able to use ourVA Disability calculatorthat takes all these factors into consideration. How Bilateral Disabilities Affect Your Rating ...
It is important to note that any Veteran receiving service-connected disability compensation is EXEMPT from paying the VA Funding Fee. Is it Compulsory to Pay the VA Funding Fee? If you’re utilizing a VA home loan to purchase, refinance a mortgage, improve, or fix a home, you’ll have...
You are exempt from the funding fee in 2024 if you are: Eligible for or currently receiving compensation for a service-connected disability. The surviving spouse of a veteran, if you are receiving Dependency and Indemnity Compensation. A service member eligible for compensation from a pre-discharge...
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The fee varies depending on several factors, including the size of your down payment, but it is waived if you receive VA disability compensation. What is a funding fee? A funding fee is an upfront one-time fee you have to pay when you get a VA mortgage loan. It's between 1.25% and...
The fee varies depending on several factors, including the size of your down payment, but it is waived if you receive VA disability compensation. What is a funding fee? A funding fee is an upfront one-time fee you have to pay when you get a VA mortgage loan...
Veterans receivingcompensation for a service-connected disability Veterans who are eligible to receive service-connected disability compensation but are currently receiving military retirement or active-duty pay instead Purple Heart recipients Surviving spouses of veterans who died in service or from a servic...