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H.R. 9237: VA Refinance Funding Fee Could Nearly Triple

Comparison graphic showing the VA funding fee increasing from 0.50% to 1.42% under H.R. 9237

If you’re a veteran homeowner with a VA loan, pay attention to a bill moving through Congress. It’s not law yet, but it would raise VA refinance costs if it passes as written. H.R. 9237, the “Take Care of America’s Veterans Act,” would raise the VA funding fee on IRRRL refinances from 0.50% to 1.42% […]