VA Funding Fee Calculation & Monitoring
Patent PendingArgus™ by Apollo Hedge Advisors
VA Certificates of Eligibility read automatically, with the funding fee and entitlement calculated and ready for your origination workflow.
Overview
Getting the VA funding fee right depends on a handful of details buried in the Certificate of Eligibility: whether the veteran is exempt, whether this is first or subsequent use, how much entitlement has already been charged. Miss one and the fee is wrong at disclosure or, worse, at closing.
Argus™ by Apollo Hedge Advisors reads the certificate, applies the VA fee rules for the transaction, calculates entitlement, and returns the result to your team or straight to your origination workflow.
What Argus Does
Certificate Extraction
Exemption status and reason, first or subsequent use, entitlement charged, branch of service and the certificate details, read from the COE automatically.
Double-Checked Reads
Each certificate is read twice and the results compared. Low-agreement reads are flagged for review, and the cautious result is kept when they differ.
Funding Fee Calculation
The correct fee for purchases, cash-out refinances and IRRRLs, by down payment tier, use and service type, with exemptions applied.
Entitlement Calculation
Basic, bonus and available entitlement, and the maximum loan amount with no down payment for the property’s county.
Savings Opportunities
When a slightly larger down payment would move the borrower into a lower fee tier, Argus shows how much it saves and the break-even.
API & Webhooks
Submit certificates and receive results through a secure API, with signed webhooks that notify your systems the moment a calculation finishes.
How It Works
- 1
Submit the COE
Upload the certificate in Argus or send it from your own systems through the API.
- 2
Extract & Verify
Argus reads the certificate and checks its own work, flagging anything uncertain.
- 3
Calculate
The funding fee and entitlement are calculated for the loan’s transaction type and down payment.
- 4
Deliver
Results appear in Argus and are pushed to your systems by webhook, ready for disclosure.
Built for Your Team
Reviewer Overrides
A reviewer can correct a reading, such as exemption or first use, and recalculate instantly.
Processing History
Every run is kept, with changed values highlighted, so you can see what moved and why.
Your Rules
Standard VA fee rules out of the box, with customer-specific settings where your policy needs them.
Key Benefits
Right the First Time
Fewer fee corrections and redisclosures caused by a misread certificate.
No More Fee Tables
No more reading certificates line by line and working the fee tables by hand.
Better Borrower Outcomes
Savings opportunities help loan officers show veterans how to lower their fee.
Fits Your Workflow
Use the Argus screens, or let your own systems call the API and never leave your process.
Works Well With
Purchase Advice Automation
Purchase advices collected automatically or with a simple drag and drop, extracted, balanced to the wire and delivered to your systems.
Learn more →Custom Development
Reporting & Integrations
Scheduled reporting, internal APIs, alerting and integrations, built around how your team actually works.
Learn more →Take the Guesswork Out of VA Funding Fees
See how Argus reads certificates and keeps the funding fee right through every change to the loan.