Home Loan Borrowers Can Now Deduct Funding Fees

by | Mar 16, 2026 | Top Post | 0 comments

Starting this year, Veterans and service members can deduct VA funding fees on their taxes when purchasing a home using the VA-guaranteed home loan.

The VA funding fee is a one-time payment that the Veteran, service member, or survivor pays on a VA-backed or VA direct home loan. This fee helps to lower the cost of the loan for U.S. taxpayers since the VA home loan program doesn’t require down payments or monthly mortgage insurance.

Learn more about VA funding fees and VA Home Loans: https://www.va.gov/housing-assistance/home-loans/funding-fee-and-closing-costs/

https://www.va.gov/housing-assistance/home-loans/

 

North Carolina Governor's Working Group [NCGWG]
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