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Saint Paul Regional Office
Regional Loan Center
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Allowable Fees & Costs
The veteran can pay a maximum of:
- Reasonable and customary amounts for any or all of the “Itemized Fees and Charges” designated by VA, plus
- 1% flat charge by the lender, plus
- Reasonable discount points
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Itemized Fees and Charges Include:
- Appraisal and Compliance Inspections
- Recording Fees
- Credit Report
- Prepaid Items
- Hazard Insurance
- Flood Zone Determination
- Survey
- Title Examination and Title Insurance
- Special Mailing Fees for Refinancing Loans
- VA Funding Fee
- Other Fees Authorized by VA
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| The veteran may pay any of the above listed itemized fees and charges, in amounts that are reasonable and customary.
Whenever the charge relates to services performed by a third party, the amount paid by the veteran must be limited to the actual charge of that third party.
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| Further information can be found in Chapter 8 of the Lender's Handbook |
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| Reviewed/Updated Date: July 14, 2008 |
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