The funding fee for a VA mortgage varies depending on a few factors. The reason there's a funding fee at all is to help with the cost to the taxpayer for a loan which has no down payment required and no mortgage insurance. This is the only loan that does that. First, if you have an honorable discharge and are receiving compensation from the VA for a service-connected disability, the funding fee is waived. Without a disability, the first purchase with a VA loan adds a funding fee of 2.15% of the total loan amount. A subsequent purchase is a fee of 3.3%. And a rate and term refinance (IRRRL - interest rate reduction refinance loan) from an existing VA loan is .5% funding fee. With a down payment of 5% or more the fee rate for both the first and subsequent use mortgages is reduced to 1.5%, and for 10% or more, the funding fee rate is reduced to 1.25%. Let me know if you need more information about a VA loan for your home. (360) 771-1914