Finance
A Nebraska buyer qualifies for a VA loan. Which statement about the VA funding fee is CORRECT?
AIt is required for all VA loans
BIt can be financed into the loan amount✓ Correct
CIt equals exactly 2.3% for all first-time users
DIt is paid monthly like PMI
Explanation
The VA funding fee can be financed into the loan amount rather than paid at closing. The exact percentage varies based on down payment, loan type, and whether it's a first-time or subsequent use.
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