Conventional & FHA Loans
Rates for Primary Home Purchase
Rates, terms, and fees as of November 4, 2020 4:00 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. Rates for Primary Home Purchase.
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.