VA loan closing costs typically range from 1% to 5% of the loan amount, though they're often lower than conventional loans. Understanding closing costs helps you compare VA loan options and avoid surprises at the closing table.
Note: Funding fee can be financed into the loan. Many fees can be covered by seller concessions.
The VA funding fee helps keep the VA loan program running without taxpayer dollars. See the full VA funding fee chart for current rates, exemptions, and how the fee is financed.
Veterans receiving VA disability compensation and surviving spouses are exempt from the funding fee entirely.
Sellers can pay up to 4% of the loan amount toward the buyer's closing costs and prepaid items. This seller concession rule can cover the VA funding fee, loan origination fees, title insurance, recording fees, and prepaid property taxes and insurance.
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Quick Answer
VA closing costs typically run 2%-5% of the purchase price and include the appraisal, title, recording, and prepaid taxes and insurance. The VA bans certain charges to veterans, and Valor Home Mortgage charges zero lender fees, so San Antonio VA buyers often close with far less cash than expected — sellers may also pay up to 4% in concessions.
How Bexar, Comal, Guadalupe and Kendall county property taxes and Texas insurance costs shape a real San Antonio VA loan payment — and how to budget accurately.
Read the articleWhy some San Antonio sellers still hesitate on VA offers and the specific moves that get a VA buyer's contract accepted in a competitive JBSA-area market.
Read the articleWhat $0 down actually costs a military buyer in San Antonio, including earnest money, closing costs, the funding fee, and the 4% seller concession rule.
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