No mortgage insurance is required for a VA loan, but you will pay a one-time VA loan funding fee. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet ...

As illustrated in the charts above, making a down payment of at least 5% will reduce your funding fee. A VA home loan does not require a down payment. But for a first-time user of such a loan ...

The official VA chart can be found here. The most important thing about the funding fee is that you have to include it when you calculate which loan is better for you. In many cases, borrowers ...

If you choose to borrow a VA home loan, you’ll have to pay a VA funding fee. The size of that fee will depend on a few factors, including the size of your down payment. Before you get too far in ...

And unlike other mortgages, VA loans also come with the aforementioned VA funding fee. Here, we'll review how funding fees work so you'll know what to expect if you decide to move forward with a ...