Bulletin 2023-032 VA Funding Fee

VA Funding Fee

Newrez LLC "Newrez" Approved Correspondent Clients;  VA circular 2026-23-06 announced a scheduled change to the VA funding fee rates for loans closed on or after April 7, 2023.


Lenders must continue to charge non-exempt Veterans the current funding fee percentage for VA transactions that close prior to April 7, 2023.


Note: The funding fee for VA IRRRLS are not impacted by this change.





For loans closed on or after April 7, 2023, lenders must charge non-exempt Veterans the new funding fee percentage from the loan fee table below.