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Disabled Veterans Discounts.

Do disabled Veterans get discounts on points or reduction of fees based on disability resulting from their service? I am 25% disabled, does this also effect any discounts? by Korea_VetCapital1425 from Fairfield, California. May 16th 2018 Reply

tom schwarz (axistom)
#211 ranked lender in California - 4 contributions

Good Afternoon,Yes you are not subject to a VA Funding Fee and should not pay any points or fees. We will cover your appraisal cost as well. Please email me directly at tom@gowestcoastfunding.comThank you,

May 16th 2018
Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 4,529 contributions

YES !! VA home loans have a 'funding fee' added to the loan that helps cover defaults. This varies depending on Regular Military, Reserves/National Guard, first VA loan, subsequent VA loan, and down payment (if any). If you have at least a 10% VA related disability, the VA funding fee is waived. Depending on your personal situation, this can be from a modest savings, to a really big savings, all the way from a just 0.50% of your loan amount on a refinance, to 3.30% of your loan amount on a zero down payment subsequent use purchase loan. For VA home loans in MN, WI, and SD, visit my VA Loan web site at

May 17th 2018
John Burke (jburke)
#29 ranked lender in Texas - 238 contributions

Hi Korea_VetCapital,Thank you for your service. As has already been stated, VA waives the funding fee when your service connected disability rating is 10% or more. Some states (TX,FL & IL for example) waive property taxes if your rating is 70% or higher for IL & 100% for TX & FL. Please feel free to contact me for more information or help. | John Burke | Senior Mortgage Banker | Great Plains Bank | | (877)228-9069 | Lending in ALL 50 states

Jun 19th 2018
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