(VA) Funding Fee – Excess Seller Credit: Can excess seller credit be applied to a portion of the VA Funding Fee?
Answer: Veterans with excess seller credits can apply that credit to their funding fee! Yes. VA allows this type of ‘split’ payment of the funding fee by financing part of it and paying part of it in cash (from the seller is okay). They do not, however, state this clearly in the VA Lenders Handbook. […]