VA Closing Costs

One of the key advantages of a VA loan is the limits placed on closing costs. The VA restricts lenders from charging certain fees, making VA loans one of the most affordable mortgage options available.

Allowable VA Closing Costs

While the VA limits certain fees, there are still some standard closing costs that veterans may be required to pay, including:

Fees VA Prohibits Lenders from Charging

The VA protects borrowers by prohibiting lenders from charging certain fees, such as:

Seller Concessions

VA rules allow sellers to pay all of your closing costs, plus up to 4% in concessions. This can include paying your VA funding fee, prepaying your property taxes and homeowner's insurance, or even paying down your debt to help you qualify.

Working with an experienced lender like Freedomstar Financial ensures you understand every fee before you sign. Call us at 888-659-0033 to get a clear picture of your true out-of-pocket costs.