Conventional & FHA Loans
Rates, terms, and fees as of January 21, 2020 6:00 pm and subject to change without notice. Select a product to view important disclosures, payments, assumptions, and APR information. Please note we offer additional home loan options not displayed here.
VA Mortgage Rates
If you’re a U.S. veteran, a 30-year fixed-rate VA mortgage is the best home loan around. With 0% and no closing cost options, whether you’re just starting to shop for a home loan or you’re ready to get pre-approved, I’ll give you all your VA mortgage options, including no closing cost options. Get a free, no obligation rate quote today— no personal information required.
Top VA Mortgage Questions
What are the credit score requirements for VA loans?
What is the maximum debt-to-income ratio for VA loans?
Your debt-to-income (DTI) ratio is the percentage of your income which goes to paying current debts. For a 30-year fixed-rate VA mortgages the maximum qualifying DTI is typically 45%. That said, depending on your credit score and cash reserves, some borrowers can still qualify with a DTI as high as 50%.
What is the minimum downpayment for VA loans?
VA loans are unique in the world of home loans in that they require 0% down and 100% financing. Making them, without question, the best mortgage loan available for those who qualify.
What if I have some derogatory events on my credit report?
Most everyone has a had a few dings on their credit at some point. To qualify for a 30-year fixed-rate VA mortgage, you must meet the following requirements:
- No bankruptcies in the last 4 years
- No short sales in the last 4 years
- No foreclosures in the last 7 years (4 years if it was included in bankruptcy)
Mortgage Rate Straight Talk
Don’t make this mistake that mortgage rate shoppers make every day. It could cost you thousands.