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Homes by Strand

stacklist.com/lstrandproperties

Top Kitsap County Realtor Ledeana Strand has closed 125+ transactions and $76.4M in sales since 2017. Serving Port Orchard, Bremerton, Gig Harbor, Poulsbo and beyond. Specialist in relocation and military PCS moves.

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VA Funding Fee & Closing Costs Explained

VA funding fee is a one-time payment required for VA-backed or VA direct home loans, helping reduce taxpayer costs by eliminating down payment and mortgage insurance requirements. Veterans with service-connected disabilities, active-duty members with Purple Hearts, and surviving spouses receiving DIC may be exempt from this fee, with rates typically ranging from 1.25% to 3.3% of the loan amount.

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Summary

VA funding fee is a one-time payment required for VA-backed or VA direct home loans, helping reduce taxpayer costs by eliminating down payment and mortgage insurance requirements. Veterans with service-connected disabilities, active-duty members with Purple Hearts, and surviving spouses receiving DIC may be exempt from this fee, with rates typically ranging from 1.25% to 3.3% of the loan amount.

Tags

va-funding-fee · home-loan · closing-costs · veterans · mortgage · disability-compensation · refinance

Key entities

VA (organization, 0.99) · Armed Forces (organization, 0.95) · VA funding fee (concept, 0.99) · service-connected disability (concept, 0.98) · Dependency and Indemnity Compensation (concept, 0.97) · VA-backed home loan (concept, 0.98) · Purple Heart (concept, 0.96)

Classification

reference · language en · status final

Provenance

claude-haiku-4-5 via @stacklist/be@0.1.0, confidence 0.85, 15 Oct 2026