like five years. After that, the mortgage rate becomes adjustable. This type of mortgage gives you the potential to secure lower VA loan rates with the temporary security of a fixed-rate mortgage.
Click here to check your VA jumbo loan eligibility (Jan 17th, 2025) VA Jumbo Loan Rates VA jumbo rates are competitive with those of standard jumbo loans and require much lower down payments. The VA’s backing of these loans makes them a safe loan product for banks. Lower risk means the...
VA loan rates for 2025 Current VA loan rates have been among the lowest we’ve seen in years. That’s partly due to all mortgage rates being lower than usual. But, also because VA loan rates are generally lower than those available with other types of mortgages. For example, Ellie Mae,...
If you are eligible for a VA loan, consider yourself a fortunate home buyer. You have access to better terms and rates than other buyers. And you’ve earned it. You’ve sacrificed to serve your country and this is a small way your country says “thanks.” Take advantage of your VA ho...
Underwriting is the evaluation of a borrower's financial standing and creditworthiness to determine their eligibility for a mortgage loan. It's a thorough examination of the borrower's ability to repay the loan and manage their financial responsibilities. ForVA loans, underwriting serves as a safegua...
Mortgage Loan: Reasons to Refinance Your Mortgage Loan I was planning on writing about the mortgage process, steps to best prepare for buying a home, etc. However, the recent Omicron variant has led to another, potentially the last spike down for interest rates before they start to march upwa...
The VA Interest Rate Reduction Refinance Loan (VA IRRRL) may not be on your radar, but it should be. This is a refinance loan you can use to reduce the interest you pay on your mortgage. That typically becomes an option if interest rates are falling. If you can successfully refinance, ...
Interest rates are lower than they were when you took out your original VA loan. You want to shorten the term of your loan to pay it off faster. You want to switch from an adjustable-rate VA loan to one with a fixed rate. Your marital status has changed. ...
Check your VA loan eligibility. Start here (Jan 10th, 2025) VA loans have very low rates – usually even lower than conventional loans. And they don’t require a monthly mortgage insurance fee like USDA, FHA or conventional loans.
as of Jan 2, 2025 Est. Refi. Payment $3,300/mo* Refinance Your Home Homes for Sale Near 7985 Avery Park Ct Skip to last item NEW - 2 DAYS AGO $595,000 3bd 3ba 1,556 sqft 8245 Lamberts Ln, Alexandria, VA 22309 SSG Real Estate LLC. $279,900 2bd 2ba 1,022 sqft 3903 Woo...