IRRRL, VA cash-out or leaving VA: choosing your refinance path
A new rating and refinancing
At the fork
If you now receive VA disability compensation, you may be exempt from the funding fee on a refinance. Make sure your Certificate of Eligibility shows the updated status before closing.
Last reviewed against the primary sources listed below.
Check
- Updated COE.
- Funding fee on the Loan Estimate.
Choosing a path
Does a disability rating lower refinance costs?
It can, through funding fee exemption.
How do I show my exemption?
Through an updated COE.