Closing costs normally associated with an Interest Rate Reduction Refinance Loan (IRRRL)
- Origination Fee *
- Discount Points
- Prepaid Taxes and Hazard Insurance
- Title Examination Fee
- Title Insurance Fee
- Flood Zone Determination
- Environmental Endorsements
- Recording Fees
- Special Mailing Fees (Example: Fed-Ex or Courier Fees)
- VA Funding Fee
*The loan origination fee is limited to 1% of the loan amount. The lender may charge this flat fee or itemize the following fees not to exceed 1%:
- Application and Processing Fees - Document Preparation Fee - Loan Closing or Settlement Fee - Notary Fees - Interest Rate Lock-In Fee - Tax Service Fee - Reconveyance Fees - Commitment or Marketing Fees - Trustee’s Fees or Charges
This is not an all exclusive list of fees and charges. If you have any questions concerning fees and charges on a VA Loan, contact the your regional VA loan center.