If you’ve recently purchased your home or closed on a VA cash-out refinance or IRRRL and are exempt from paying the funding fee, but your exemption was not verified by the VA at loan closing, you may qualify for a refund.  This request can be submitted through your VA Regional Loan Center  after your exemption is approved by the Veterans Administration.  If your funding fee was paid in cash at closing, the VA issues a cash refund. If you rolled the funding fee into your loan amount, the VA refunds the funding fee by crediting your loan balance with your current lender.

If you are interested in learning more about this refund process, please contact a USAVA Lending loan expert today at 888-842-0490.