Finance
A South Dakota buyer using a VA loan must pay a VA funding fee. This fee can be:
AWaived for all veterans regardless of disability status
BFinanced into the loan amount or paid at closing✓ Correct
CPaid only from the seller's proceeds
DCharged monthly rather than upfront
Explanation
The VA funding fee can be paid upfront at closing or financed into the loan amount, increasing the total loan. Veterans with service-connected disabilities of 10% or more are exempt from the fee.
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