VA No Origination Fee

No Origination Fee for VA Loans

We’re thanking the armed forces by charging no origination fee on purchase and refinance VA home loans made now through Nov. 30.

This special offer for the military is only for a few months – use your VA loan to apply zero money down, then use this offer to pay zero origination fee, now through Nov. 30, 2018.

The offer.

Purchase or refinance your home in Washington or Idaho using a Veteran Affair's loan, and you'll pay no origination fee*. To qualify, you need to set up automatic payments from a BECU checking or savings account, as well as have a Certificate of Eligibility (COE). That's a home loan with no down payment requirement and no origination fee.

An origination fee, explained.

An origination fee is the fee a financial institution charges for generating the loan. While BECU's fee is just 1% of the home price, other lenders can charge much more. We're thrilled to use our not-for-profit status to thank our armed forces for their incredible service, and one way we can do that is by not charging origination fees on VA home loans now through Nov. 30, 2018.

BECU options 

BECU offers eligible service members home loans with favorable terms and competitive rates. Whether you are relocating to the area, refinancing or buying your first home, we can help you make the most of the benefits offered to you as a member of the United States military.

  • No and low down-payment options—up to 100% financing 
  • No private mortgage insurance regardless of the down payment amount 
  • Limited closing costs and fees 
  • Flexible credit qualification guidelines 
  • Fixed-rate and adjustable-rate mortgages available

Start your application today

Questions? We love speaking to our members! You can chat with a Mortgage Advisor in-person at a BECU Financial Center , call us: 800.233.2328, or reach out to us via the secure message center.

*Eligibility for the VA 0% Origination Fee promotion requires completion of the Automatic Payment (ACH) Authorization form authorizing payments from a BECU checking or savings account prior to loan funding. Purchase transactions require receipt of a fully executed Purchase and Sale Agreement no later than 11/30/2018. Loan funding must occur no later than 2/28/2019. Offer applies to purchase and refinance transactions. Loans are subject to credit approval and other underwriting criteria, and not everybody will qualify. Certain restrictions apply. Home loan programs, terms and conditions are subject to change without notification.  BECU reserves the right to terminate this offer at any time without notice.